Better standard of living = Greater wealth.
Wealth = Standard of living.
This whole conversation is based largely on you not knowing what wealth is.
And yes. You sound like a marxist. Just a very confused, uneducated marxist.
The only people who have ever considered wealth disparity wealth in the entire history of modern economics, are marxists, based on Marx's theory that general wealth and goods aren't important, just relative wealth.
You may not be there yet, but if you keep your same economic beliefs, marxism is the only result. As free markets only increase wealth disparity at the advantage of creasing higher levels of material goods. This is true with or without central banks.
So is the creation of bubbles and booms and busts. The only difference is, bubbles are smaller and more frequent. Either way, at the end more often then not people end up wealthier then when they started. Just not as wealthy as they were at the height of the boom.
And one last time... far less people starving and dieing is important... because even if there is some shifting scale of wealth. There is no level of wealth that makes "not having as much stuff as some other dude" equal to dead.








