vamp111 Posted February 3, 2020 Report Share Posted February 3, 2020 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 Quote Link to comment Share on other sites More sharing options...
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