#cantillon

LOL It is funny, because it is how central bankers have worked for ages. The Cantillon Effect: Explains how new money entering an economy benefits those who receive it first, often banks or corporations.

Hey all, I am wrapping up the editing on a new #article. Hopefully it can explain the #Cantillon effect a #economic theory that seeks to explain how and why when #money is printed we experience a boom

In the days of the gold rush, those closest to the king had an upper hand in obtaining gold for their use before the general public. This way, they enjoyed an increased income in a relatively calm market,

Image Source The effects of money creation and the distortions resulting from the increase in the monetary base are known as the Cantillon Effect, in honor of the Franco-Irish economist Richard Cantillon,

Thomas Bachheimer, die steirische Eiche, prägt heute den treffenden Begriff der "Cantillon-Alimentierten" (=Systemgünstlinge), die Beschreibung des Cantillon-Effekts und seiner Begünstigten folgt

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