Nonsense. Inflation has been running at below 2% for decades, and everyone is free to invest their savings in shares, gold, other currencies, or even crypto. Comparing that to slavery is not only fundamentally wrong, but distasteful.
US debt is skyrocketing, expenses like war paid for by debt[1]. Inflation in the US has been 2% but only because it was in a position of strength with the world accepting USD as the global reserve. That's changing steadily both with excessive printing and the world rejecting US debt instruments as a savings asset.
"Everyone being free to invest" is a bit of an elitist claim, as most in the US live paycheck to paycheck and are hurt by inflation. Cost of ownership of houses skyrocketing over decades, and CPI being oriented around very basic goods points to inflation being hidden away.
The US is incapable of paying their debt and must continue funding the economy via more QE. Other nations have moved to their currencies to trade with each other (Euro, Ruble, Yuan etc). This game won't last forever.
Real wages have been stagnant while the money supply ever increasing. This wasn't the case until 1971, when the US removed the gold peg: https://wtfhappenedin1971.com/
Europe is interesting in that certain parts of the Euro zone run high deficits and need bailouts while some of the others are disciplined. I don't have a clear theory for why inflation in Europe has been stagnant all along.
