Yep, and the price of everything would skyrocket to take advantage of all that free money floating around.
That is just it. What these people always fail to understand is that there is a relationship between earning money and producing things of value. If produce say, $12,000 worth of goods, you can’t expect to be paid far in excess of that. If you are, than the economy is losing wealth with every day you work. If you produce nothing, but spend your ‘earnings’ in the economy, then, by the definition of inflation, more money would be chasing fewer goods. Ultimately, someone has to produce the food, the housing, the cars. But if no one is doing so, the economy collapses. “Taking wealth from the rich” is not a model that can be sustained.