What governments can do to make it more equitable?
The government do not want this wealth to be distributed eventually. They want the wealth to be with them so that they may control the people. That is another reason why government oppose bitcoin and promote fiat because through bitcoin the wealth can be distributed evenly.
After a very long time, this is the first time I encountered again the Pareto rule. The best thing that the government can do is to do their job and provide jobs. They should be held accountable for every decision they make for the country. Because when jobs and equal opportunities are provided to the people, things start to work out.
How unfair is this that government to provide jobs to its people while the people in the government or at the higher authorities' positions can get free money by just printing the money. Inflation makes the rich richer while the poor poorer. This injustice cannot be stopped with the fiat monetary system.