The fact that within a society – and especially in developing countries – people in the lowest income bracket often rise to the average income level only after several, usually five, generations. This is explained in detail in sociology for various reasons. – However, it cannot be the task of monetary policy to create improvements here, as some people demand. This is the task of social policy alone. What monetary policy can do is to ensure that money is measured. After all, it is demonstrably always the poorest in society who are hit hardest by inflation. – See Low Income Countries, Trickle-Down Theorem.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

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