Social mobility requires sound money

People can get out of poverty if the currency they use (and earn) retains its value. If there is constant inflation by fractional-reserve banking or some other source then the 'ordinary' person will forever be consigned to poverty. The reason for this is that if inflation is easily possible for some people then the savings of the rest of the population (however they are held) will always be worthless. Money earned quickly loses it value if there is inflation so people cannot establish long-term wealth they can only look after themselves in the short term. This means that only people who are willing to inflate or get into debt are able to make a significant purchase such as a house. Sound money is required for people to be able to get out of poverty. Without sound money people can only ever meet their day-to-day costs and never establish any meaningful form of wealth. Except (in a system of fractional-reserve banking) if they get heavily into debt and manage to pay that off... otherwise social mobility requires sound money.