Looking at the Fed table, "inflation" is just redistribution of wealth: the top 1% got a bit richer, the bottom 50% got twice richer (if this word even applies

Looking at the Fed table, "inflation" is just redistribution of wealth: the top 1% got a bit richer, the bottom 50% got twice richer (if this word even applies to them) and the middle 49% have lost some wealth. https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/table/#quarter:131;series:Net%20worth;demographic:networth;population:all;units:shares https://www.federalreserve.gov/releases/z1/dataviz/dfa/distr...