How do you think intergenerational wealth is created? Most people don’t work hard to make the economy perform better, most people work hard to provide for themselves, their family and (through charity) their communities.

Yes. That is the whole point. It makes it worse. I understand wanting it. I understand how we cannot do it.

But i can also promise you that the economics are definitely supporting this reading.

Your argument is that if I give my kid 100k they will be worse off for it? Does this scale? So if someone gives their kid a million will their kid be 10x worse than mine? How about a billion? Sorry friend, this argument does not really land.

Your argument also fails to account for inflation. More money spent instead of saved means more competition for the same amount of goods and then we get what we have now, increasing rates and cost of goods.