The idea that reducing inequality by redistributing the massive gains of the very wealthy to those who actually produced them will raise inflation by a degree t

The idea that reducing inequality by redistributing the massive gains of the very wealthy to those who actually produced them will raise inflation by a degree that makes it hurt people more than it helps is propaganda with no basis in fact. So sure, maybe there will be some inflation. But having a $150,000 debt canceled, while seeing 0.03% additional inflation, still nets out positive.