New money always enters first at banks and the state — with full purchasing power equivalents, before prices react.
By the time it reaches the real economy, the first recipients have already pocketed the advantage.
Those at the end of the chain bear the inflation — not the benefit.
The system doesn't redistribute. It expropriates in slow motion. ⚠️
#Cantillon #Inflation #Fiat #Bitcoin #SystemCritique

By the time it reaches the real economy, the first recipients have already pocketed the advantage.
Those at the end of the chain bear the inflation — not the benefit.
The system doesn't redistribute. It expropriates in slow motion. ⚠️
#Cantillon #Inflation #Fiat #Bitcoin #SystemCritique
