It’s more complicated then this. The mere loss of purchasing power of the dollar is less important then the context. The time frame is what matters. What value is lost in a space of time vs the ability of the economy to adjust in the same period.
Ten years ago when Bill Gates fortune hit $100 billion, somebody did the calculations that JD Rockefeller’s original One Billion dollar fortune a century ago was the equivalent of over $200 billion in current terms. A 200 to 1 devaluation sounds catastrophic, but spread over time the effect in macroeconomic terms is almost irrelevant.
Frankly, Rockefeller's money was worthless since it couldn't buy even the cheapest laptop on today's market.