Oh okay. Then we’re completely on the same side. I stand corrected.
I guess your username is from way back?
Not sure if that’s possible, but of course you’re free to try.
Redistributing wealth to the poor is the same thing as distributing poverty to those near poverty. Imagine you distributed wealth to everyone equally, what would happen to prices if everyone in the world suddenly had equal amounts of money?
Demand for and hence the prices of desired goods, with no corresponding increase in supply would skyrocket.
An increased demand from some means a decreased demand from others. I do not see how inflation could result from this.
The redistribution takes what would go to savings (investment) of the wealthier and turns that wealth to consumption, leading to shortages, stagnating or regressing rates of production and price inflation.