The reason land is so valuable is that when new money is created in our financial system it is created as loans. Naturally, banks want to lend against valuable

The reason land is so valuable is that when new money is created in our financial system it is created as loans. Naturally, banks want to lend against valuable collateral, which is primarily represented by property and large businesses, thus the new money goes to holder of land and large business first and then slowly spreads out to the rest of the economy. This time lag in the distribution of money and that there is a smaller class of land and business owners is the main source of inequality. This is one of the main criticisms that Hayek and Von Mises have of Keynesianism: that "raising aggregate demand" via monetary policy does not raise prices evenly but instead tends to create asset bubbles because the new money enters the system through loans against assets.