The Cantillon effect: "the first ones to receive the newly created money see their incomes rise, whereas the last ones to receive the newly created money see their purchasing power decline as consumer price inflation comes about." https://mises.org/library/how-central-banking-increased-inequality … https://en.wikipedia.org/wiki/Richard_Cantillon …
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No it’s easy. You just hit the ‘Increase Aggregate Demand’ button then sit back and watch the GDP roll in. Problem solved
Bears about as much resemblance to the actual financial institutions as chess does to a medieval battlefield.
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perhaps the financial elite have already compromised their Queen piece, maybe bitcoin has turned a few pawns to Queens on our side...
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Mayhaps!
End of conversation
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