In 1971, Fiat money was introduced, replacing the gold standard. Since then, money is not backed by any collateral any more. As a consequence, governments (or rather central banks) continuously increased the money supply, therefore causing inflation. People hurt most by inflation are employees and savers. On the other side, banks and investors who can effort to own real assets have profited from the increase in money supply. Therefore, fiat money increases inequalities between the rich and the poor.
For a short and comprehensive view on Fiat money, take a look at the video:
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