The wealth isn't increasing as much as the unit of account is being debased

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You may not be aware, but the super-rich are the ones who get the majority of newly printed money first.

Those who receive the newly printed fiat currency first get to spend it before its value can drop.

The market can't raise prices before the money have entered the market.

There is a delay so to say.

And it is the 99% who typically end up with the money as the last part of the chain and feel the debasement.

#bitcoin fixes this

If you want to understand this subject more deeply. I suggest watching this 9 parts documentary about the history of money fren.

In only about 5 hours you will fully understand the history of fiat & money 🙏

https://www.youtube.com/playlist?list=PLE88E9ICdiphYjJkeeLL2O09eJoC8r7Dc