[s1artibartfast]

I don't think you can count on high inflation to counter wealth concentration. Well simply moves to inflation proof assets.

People living and to mouth aren't hurt by inflation as long as salaries track, but that's not the same as saying that it helps them.

Housing was cheap in the '70s because people couldn't save up to buy a house. Of course it worked out great for those that did, but that isn't the typical story

[rwnspace]

Have salaries ever tracked inflation, on average?

[Supermancho]

From some time in the 1900s until the late 1970s, in the US, iirc.

https://www.cbpp.org/research/poverty-and-inequality/a-guide...

Significant wealth inequality gaps and the lack of wage growth, in relation to inflation, coincide. There's a lot of data on this subject, but getting specifics on how the data is collected is very difficult (given the data collection is often decades old).

[s1artibartfast]

Yes, as a general rule of thumb salaries track or exceed inflation in the long run. If that weren't the case, everybody would be living in Huts eating gruel