> Increasing the money supply doesn't inherently cause "the rich to become richer" No, but Quantitative Easing inherently causes the rich to become richer > A

> Increasing the money supply doesn't inherently cause "the rich to become richer" No, but Quantitative Easing inherently causes the rich to become richer > A priori, you would expect increasing the money supply to cause wage price inflation alongside asset prices. The fact that this isn't occurring means some other effect is in play. Again, no. It's a common tactic to redirect these conversations to talk about how increasing money supply causes inflation. It does not. It depends on how you increase the money supply. QE causes asset inflation, which means it's harder for the poor to acquire assets, and asset holders benefit from the inflation. Who owns assets? The wealthy. QE is class warfare.