Look around, bro. Hard assets get more expensive and return on those assets don’t decline. Thats why studio apartments are $1200/mo in Buffalo, NY. Lol
People with money pretty readily deploy that money into investments that beat inflation.
Sure but rich people also have lots of cash and bonds, at least more than the poor. Poor people don’t have either, their best inflation hedge is borrowing.
People with money pretty readily deploy that money into investments that beat inflation.