From Anne Pettifor:

Asset price inflation and the consequent rise in the wealth of the 1% is so normalised, it is scarcely discussed – even by the 99%. But we have lived through forty years of what Whitney Baker rightly calls “hyperfinancialisation” and an orgy of money-funded speculation. “We know nothing but relentless asset appreciation.”

The rich cannot believe their forty years of ‘easy money’ luck.

https://annpettifor.substack.com/p/central-bankers-inflation-cousins