Thank you for passive-aggressively outlining the infinite growth mindset.
Falsely equating economic growth with cost of living metrics, and assuming that with more money everything can just continue happily. It’s been a very successful evolutionary niche for a handful of centuries.
I'm not saying it is or isn't, but that would need to be the case for your argument.
Also the ratio of wealthy to non wealthy needs to be quite high.
Also wealth needs to be transferred and maintained, and not spoiled or lost.
I think those are the assumptions.
But yeah, under those conditions, the competition for resources would mean in order to move upwards someone needs to come down.
But it would need to be a zero sum economy