[mrow84]

Yeah in principle the money printing could have been used to devalue the assets of the wealthy and redistribute wealth, decreasing inequality. That didn't happen, presumably because corporations captured the wealth in the way that you describe.

Further, it is clear that some of those corporations (e.g. FAANG) are not the "original wealthy", which is often used as part of an argument suggesting that there is a lot of wealth mobility, but it seems incredibly limited to me, and the flow is hardening just as it did before.