Cheaters getting ahead of honest people is of course a problem and I don't understand how you could possibly say it isn't. Those cheaters are taking away jobs and promotions from people who deserve it more.
If by the cheaters you mean the executives and investors who personally capture all of the profit, then I couldn't agree more. The reason that we're suffering from "inflation" and see record high wealth inequality is because the people at the top are hoarding all of the capital and profit leaving little for the vast majority of people.