Rune Østgård on Nostr: Did you ever reflect over this? 👇 The reason why monetary monopoly is such an ...
Did you ever reflect over this?
👇
The reason why monetary monopoly is such an enormously centralizing political tool is that the Cantillonaires (those who benefit from spending money created out of nothing) get positive compound interest from inflation, while the rest of us get negative compound interest.
It blows up the gap between the two groups in no time at all.
Published at
2024-09-24 16:12:29Event JSON
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"content": "Did you ever reflect over this?\n\n👇\n\nThe reason why monetary monopoly is such an enormously centralizing political tool is that the Cantillonaires (those who benefit from spending money created out of nothing) get positive compound interest from inflation, while the rest of us get negative compound interest. \n\nIt blows up the gap between the two groups in no time at all.\n",
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