The problem as I see it is inflation, central bankers inflate monetary supply, which sends the more money chasing after the same goods and services.

Monetary inflation, leads to price inflation, and so those 1%'ers who hold assets, like stocks, and real-estate, etc, benefit disproportionately and grow their fortunes as a result.

Meanwhile, you and I who maybe own little or no assets, see absolutely zero benefit from price inflation. And worse still, the middle class and poorest people alike, suffer from the reduction in purchasing power which comes from that already described monetary inflation.

As a result, inflation taxes the saving power of middle class, while benefiting the richest 1% because they own a lot of assets which benefit from price inflation that is a direct result from monetary manipulation.

Ugh.... so annoying.

Hopefully, crypto can help solve this problem in the future. In the mean while, I buy silver, I buy bitcoin, because I want to escape that fiat manipulated system.

Thanks for the post.