Wealth is not zero-sum, but when you artficially create liquidity it steals value from the labour class - note how the price of the mcchicken, which at $1.00 was a staple for laborers, went to $1.37.

The labor class is not generally directly seeing the fruits of this liquidity. Even when progressives channel these funds to say low income housing, it's still trickle-down, much of it winds up in the pockets of, e.g. construction firm contracted to build it, politically connected solar panel company because these projects must fulfill green bona fides, etc.