Nah, inflation does erode un-invested wealth over the years, but it doesn’t evaporate the $30 in a poor person’s pocket faster than they can spend it. Poor people don’t earn enough to accumulate any wealth therefore inflation doesn’t make them poor. The issue is that too many jobs don’t pay living wages or provide adequate benefits. 

Yes, inflation does increase the cost of living over time so in that way it’s part of the problem. But imo the real problem is a distorted labor market. 

 Examine that first statement again with anyone living in a high to hyper-inflating economy. 

The second statement makes no sense to me. If you have no wealth, inflation hits you the hardest. This is undeniable. Rising costs of goods and services means you have less. 

A surefire way to distort labor markets is fiat currency and expanding government interventionism.