If you look at wealth distribution graphs in the US, it would probably skew towards the majority (50%+) of the money going to a relatively small percentage of the population.
But if money is printed, which devalues the dollars everyone holds, wouldn't this mean that relatively small percentage is taking more of that lost value impact? The other side of printing money is the receiving end which is a tiny percent of the population, so those people getting access to the money first move up relative to everyone else.
I suppose another argument is that the Fed sets interest rates artificially low, so savers don't get as much, but I'm not sure how that specifically ties into the middle class.
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