Write an essay on how inflation worsens wealth inequality. its a covert transfer of wealth from saver to the borrower. it punishes savers (common man) and rewards debtors (the state, the rich, the elites). the rich and elite use debt to buy assets that fundamentally matches/beats inflation, especially due to policy failures like failures in public transport, affordable housing etc.

follow these constraints

• use long form paragraph style
• dont put long form content in bullets
• dont overuse bullets or boldface
• use markdown
• use markdown headings to create structure
• ensure proper structure and flow
• use simple direct language, dont make it windy. keep it technical yet accessible
• dont use conversational language
• keep it comprehensive and detailed