You are right on the imperfection of destruction alone that only delays the inevitable inflation that would just get worse. It will not have to bear fiscal deficit or structural problems as such. As we already said This is especially true of issues like inequality regarding wealth and distribution of wealth. The problem is not only the lack of money. It is an imbalance of the system. Population growth and increased demand for already scarce resources such as food, water, and raw materials created a crisis. The old strategy of colonial domination no longer remained feasible.

As such, shared energy and technology are innovations that, per se, will continue to be beneficial. However, it cannot really solve the problem of resources shortages in the face of the problem of demand here on earth. More fundamentally, the financial system and power structure in place are not designed for changing needs. The expectation is that; once more, the rich shall continue to live in comfort. Meanwhile, the middle class and low-income earners continue to reap hard times.

One possibility we discussed above could be how a decentralized system like cryptocurrencies becomes commonly used. That would help cut down deflation and inflation under the regulation of the government. Still, even these systems attract opposition from well-established financial institutions. This is due to the control and changes in power involved.

In the end To make meaningful change happen Reform is needed financial restructuring And there may be a shift towards sustainable asset management. Without this We will likely see the wealth gap widen, as you point out. And the suffering of low-income people increases.