The paper the article links doesn't seem to address inflationary trickle-down economics. You have to have a theory as to why it doesn't work. Simply showing it

The paper the article links doesn't seem to address inflationary trickle-down economics. You have to have a theory as to why it doesn't work. Simply showing it doesn't work doesn't really show why it doesn't work. I think a logical hypothesis is that it doesn't work to lessen wealth inequality is because first movers advantage. In an inflationary economy the first people to touch the money get the most value of it as it loses value over time. In a deflationary economy this would flip and I'd argue that's exactly what we need to happen. There is no such thing as someone who sits around hoarding wealth at a macro scale. This is made obvious by the fact that it takes roughly 3 generations for families to lose their wealth. Sure, maybe the frugal entrepreneur holds or invests, but that person will die and give it to someone who values money less as they didn't earn it. They will likely spend the money and so-on until the money has been injected back into circulation, with each step of the way that money gains value, which means that money is worth the most when it reaches the producers/workers.