> with the oldest generations owning the vast majority of wealth and real estate, and with college, housing, and many costs of living having inflated 3-20x sinc

> with the oldest generations owning the vast majority of wealth and real estate, and with college, housing, and many costs of living having inflated 3-20x since the older generations were younger, it is a problem. This is one "benefit" of inflation. Whatever you did 50 years ago in exchange for your wealth isn't worth as much to society today as it was back then, in general. So you can continue to do something productive or hope you were productive enough before you retired that your compensation lasts.