Sure, even though the rich have more dollars (or whatever currency) than ever, they are still affected by inflation. Inflation means that can buy less with eac

Sure, even though the rich have more dollars (or whatever currency) than ever, they are still affected by inflation. Inflation means that can buy less with each dollar they have. When the government adds to the currency without adding any actual value, usually by printing money, they're "inflating" the amount of currency available and actually making every existing dollar/pound worth less. It affects everyone, rich or poor. It's a way of taxing without actually increasing taxes, and to my original point, rich people don't like it.