It's exactly the opposite: the super rich don't just have all their wealth in assets, they have far more than all their wealth in assets. They buy real estate u

It's exactly the opposite: the super rich don't just have all their wealth in assets, they have far more than all their wealth in assets. They buy real estate using mortgages just like everybody else. They are billionaires in net worth, but their debt is usually much bigger than the sum of their cash-equivalents. They win from money devaluation just like any poor mortgage serf, just magnified by some trailing zeroes. Printing money taxes the guy with the savings account and nobody else.