Asset Price Inflation Is Beneficial to the Upper Class

When we think about assets goin up, we have to say, well, who holds the assets? And i think one of the most powerful charts in here is a chart that shows the mediumnet worth of the different a quintiles of society. The people that are thinking this stuff through are in large part the asset holders. But it's incredibly important to recognize that artificial money that is centrally manipulated as shown the propensity to lead to asset price inflae. In the long run, asset price inflation is beneficial to the upper class and either a a net neutral or negative to the middle and lower classes.