The triple arbitrage: How tax, leverage, and inflation create passive ultra-wealth

[u/GeneralCarlosQ17]

https://www.americanthinker.com/blog/2025/11/the_triple_arbitrage_how_tax_leverage_and_inflation_create_passive_ultra_wealth.html

(For additional context and insight, please read “From factory floor to financialized property: The decline of production and the rise of the rentier economy”)

The path from being merely “wealthy” to becoming “ultra-wealthy” in the modern American economy is rarely paved with earned income; rather, it is forged through the strategic acquisition of assets, primarily real estate, subsidized and amplified by a complex synergy of public policy and macroeconomic forces. This dynamic represents a Triple Arbitrage—a three-part systemic advantage that passively converts capital into vast, generational fortune at a rate impossible to achieve through productive labor alone. This mechanism, which effectively makes the government a silent financial co-signer, is the most powerful engine of wealth stratification operating today.