How can there be wealth creation without inflation when economic growth creates inflation?

Question by : How can there be wealth creation without inflation when economic growth creates inflation?
Sure; a buck twenty five today was just a buck 10 years ago. However haven’t you observed that, in nominal terms, the US economy doubles in size roughly every 12 years?
And isn’t it true that we try to keep our growth at a steady 3% a year sweet spot so they we don’t trigger too much inflation with our growth? So as it wipe out the gains of the wealth added? Notice economies that grow at a rate faster than 5% a year often suffer high inflation as a result.

Best answer:

Answer by Pluto C. Rat
US richclass thievery — that’s how.

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