That's an odd analysis. The reason there was no unemployment was because labor's bargaining power was very low. Similar to how if minimum wage and social safety

That's an odd analysis. The reason there was no unemployment was because labor's bargaining power was very low. Similar to how if minimum wage and social safety nets were removed, unemployment would drop significantly. It's also a terrible idea to pin the responsibility on the current trend, rather than the many trillions of dollars printed over the past few decades (culminating in Covid), that were mostly handed to Wall Street and friends. That was an extreme concentration of wealth, pulled directly from the edges where people are stuck transacting/saving in dollars. The reason it's not glaringly apparent is that technlogical productivity improvements compensate for it. Interest rates existing again is better viewed as a correction from the past few decades of misallocation. I agree that the centralizers will gain on this part of the cycle, as they do with every change. But rather than condemn the current conditions (thus setting the stage for another cycle of looting), we should aim to hold them as they are and let the economy rebalance to favoring some saving rather than pure immediate consumption - especially in light of needing more environmental sustainability.