I’ve shared before about the Cantillon Effect that causes the rich to get richer. Due to the delay in the market response to information about inflation, it gives banks & others closer to the sources of creation of currency an advantage. By @MattStoller <a href="https://mattstoller.substack.com/p/the-cantillon-effect-why-wall-street">https://mattstoller.substack.com/p/the-cantillon-effect-why-wall-street</a>

Christopher Allen

@ChristopherA

I’ve shared before about the Cantillon Effect that causes the rich to get richer. Due to the delay in the market response to information about inflation, it gives banks & others closer to the sources of creation of currency an advantage. By @MattStoller https://mattstoller.substack.com/p/the-cantillon-effect-why-wall-street

7/20/2020, 9:43:24 AM

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