Freezing inflation wouldn't change the fact that a dollar invested in an asset will have a higher rate of return than a dollar that's just sitting under your mattress doing nothing.
That is a desired feature of the economy -- that people are rewarded for investing their money instead of just keeping it out of circulation indefinitely.
The real problem here is that ordinary people can't afford assets because the wealthy have basically all of them. Tax the heck out of the wealthy, to the point where they must sell their assets.
Then ordinary people can buy those assets.
Probably using financing, which is aided by inflationary currency by the way.
Suppose you buy a 300k house on a fixed-rate 30-year mortgage. Let's check back in 20 years. That house is worth way more than 300k now, but your outstanding principal is something like 150k, which in 2044-dollars is chump change. Your monthly payments at that point are a breeze compared to now.
Yes, assets are protected from inflation more than cash is. Yes, the rich have all the assets, so they're protected from inflation.
No, the solution is not to eliminate inflation.
The solution is to take back the assets which have been stolen from the working class over the past 60 years. Tax the wealthy. Severely.
If yall haven’t watched The Schneidecker Paradox yet, you should.