"In other words, the first sectors to receive the newly created money
enjoy higher profits as their pay increases, but general costs are still
low. On the other hand, the last sectors in which prices rise (where
there is more economic friction) face higher costs while still producing
at lower prices."
https://fee.org/articles/the-cantillon-effect-because-of-inflation-we-re-financing-the-financiers/
rfkill
npub1c5…60cv9
2024-07-02 12:31:31
in reply to nevent1q…nhss
Author Public Key
npub1c5nnqaw7q23tamddg58lvrcdglr8729z9x0msprpr5lw2gva7h6qr60cv9Published at
2024-07-02 12:31:31Event JSON
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"created_at": 1719923491,
"kind": 1,
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