Forcing down inflation requires raising interest rates as a policy, yes, and that will result in people offering LESS revolving credit, which will decrease the

Forcing down inflation requires raising interest rates as a policy, yes, and that will result in people offering LESS revolving credit, which will decrease the net flow of the siphon. But seriously if you think 2% inflation helps out your credit card at 10% APR... Maybe you should start maxing out your credit card? > The debt to wealth ratio of the top wealth decile is, obviously, a lot smaller That's not obvious to me. Donald Trump is probably in very poor shape debt-to-wealth-wise relative to myself. The unbanked in the US are doing literally infinitely better debt-to-wealth-wise than I am. Anyways, you are strictly thinking of personal debt. There is institutional debt that the wealthiest have either indirect access to, or benefit disproportionately from, for example corporate debt, if you are in the C-suite, or municipal debt, if you own a firm that is frequently obtaining grants to do stuff, or literally banks, if you are a major shareholder in banks, financial instruments that require low-interest debt, if you participate in a hedge fund, etc.