Inflation (an increase in the money supply) raises prices in all

Cape May - Inflation (an increase in the money supply) raises prices in all asset categories (real estate, gold, etc.) as well as goods and services, and with it, the stock prices of the corporations that provide them. To wealthier people who have these assets, the increase in their values offset the higher consumer prices. Lower middle class and poor folks who don't have pension funds, gold, 401Ks or stock portfolios suffer the increased costs of living. Bidenomics is causing large increases in the wealth gap between the haves and the have-nots. Democrats are for the rich not the average worker.