As reserve banks print more money, the money supply expands, this means more fiat chasing fewer goods. This is what makes house prices go up, which leads to inc

As reserve banks print more money, the money supply expands, this means more fiat chasing fewer goods. This is what makes house prices go up, which leads to increasing rent prices (real estate investors need the rental income to cover their mortgage repayments). Salaries, on the other hand, are negotiated up front and sometimes not re-negotiated for years... In the meantime, the currency is inflating (losing value, prices of everything going up). So by the end of the year, your salary buys you less than what you had negotiated at the start of the year. Some companies offer 2% salary increase per year; this is not enough to cover real inflation. By many accounts, the real inflation is much higher than that; the basket of goods to measure inflation has been manipulated over the years to make inflation seem smaller than it actually is. So even in those cases, employees are losing buying power over time. Besides, inflation is not a single number. Different items inflate at different rates. Money printing is creating wealth inequality which means that goods which appeal to wealthier individuals (such as real estate and other assets which provide financial independence) inflate faster than goods which appeal to the average person (which merely have survival utility).