When those boomers die where does the money go?
It already has. Rural land prices going down in real terms is a decades old thing.
It’s an anti-meritocracy.
You'll be forced to work harder than those with inherited wealth because otherwise you'll starve and go homeless from the exploding CoL.
Top 5 billionaires ≈ bottom 40% of Americans — roughly 135 million people.
(The bottom quarter of households have essentially zero or negative net worth, so most of that $2.2T sits with people in the 25th–40th percentile range. It's an estimate — the Fed doesn't publish fine-grained slices — but 5 people vs ~135 million is about where it evens out.)