Your logic is ridiculous
The PS4 Pro was “better” than the base PS4
They both launched at the same price.
Your inflation excuse doesn’t make up the difference here, no matter how much you try to justify it.
Is it expensive? absolutely.
And while inflation doesn't justify everything, its still a factor.
This is basically the PS5 digital SKU. So $400 in 2020 is $490 in today's money. Lets call it $500. Sony is basically saying a bigger GPU, faster RAM, and 2TB = +$200 more.
Also, add that chip prices are higher now than they were in 2020.
All I will say is this, this is not for everyone. There is a perfectly fine $450 PS5 for people to buy.