[AnimalMuppet]

Inflation is only a wealth tax if you invest in cash. If you invest in stocks, real estate, and sometimes other things (gold, bonds, art) then your wealth grows faster than inflation.

[thunky]

> If you invest in stocks, real estate, and sometimes other things (gold, bonds, art) then your wealth grows faster than inflation

Aka put your wealth at risk or watch it disappear.

And the larger point is that runaway govt spending makes it disappear faster.