Your logic seems a little awry in this story Jared. Inflation hammers rich people much harder than poor people. Inflation makes poor people scrabble a little harder, but we keep scrabbling, whilst it makes rich people jump off buildings.
They aren't in control of it at all. Nature is in control of it now, since we started moving to solar energy, as I write about all the time, showing why, by maths done on data.
Nature will force the rich to give their money away, before nature takes it away, because our true physical debt as a species is an energy debt to our planet, the only way it can be paid back down is by using the Joules of energy from the sun. Those are mathematically positive, adding to Earth, whereas the Joules we took from Earth by energy extraction are mathematically negative.
Inflation in terms of energy, is a measure of how much energy is in money. More inflation means less energy per token money.
Energy is priced in markets as kwhrs ("Units") per token money. Money devalued by inflation means more tokens of money are needed to buy each KWhr, so the effect of inflation means each token of money effectively carries less energy,
Kwhrs convert directly to Joules.
Your body requires an average of 150 Joules per second, 24/7 throughout your life, no matter how rich or poor you might be, as surely as you need oxygen to breathe. To maintain the supply of those personal Joules consumed, by money, as all people have to do in modern urban society, even beggars. You might have needed ten money tokens per day before the ten percent inflation, but after the inflation you now need 11 tokens per day to maintain your energy.
Notice also inflation is like compound interest, it's a hyperobject that never stops, confusing even Einstein.
Like I said we would scrabble harder to get the extra money tokens, but the rich person... well they don't even know how to scrabble.