@GhostOnTheHalfShell @ChrisMayLA6 Inflationary pressures arise when there's too many currency units chasing too few goods and services. That's when businesses start raising prices by a few pence here and there, because it profits them. The net effect is inflation. It's a response to increased aggregate demand (more people buying more stuff). You can't add to aggregate demand by making the rich richer, because they couldn't spend all their money *before* they got richer. Nothing changes.
Edited 12d ago
