Exploring current financial systems drawbacks.
💰 Wealthy Imbalance
🔄 The Cantillon Effect
When new capital enters the market, it initially benefits the elite, allowing them to spend at full value. As it trickles down, others spend it at inflated values, reducing their buying power. Billionaires benefit first, followed by Millionaires, and finally, the Middle Class and poorest classes suffer the weakest buying power due to fully priced-in inflation.
.
💼 Millionaires follow suit.
👨👩👧👦 Middle Class and the poor get weakened buying power.
— Bitcoin Evangelism, with Brian E. De Mint 🌐 #FinancialSystems #WealthInequality #CantillonEffect
jacobgijjah / jacob bitcoin 🇹🇿
npub15a…hay6g
2023-11-10 18:10:09
Author Public Key
npub15a3suzm8ryfln4555j7q4260ql54vzsa0zj873fl3fal3x945guq7hay6gSeen on
wss://nos.lolPublished at
2023-11-10 18:10:09Event JSON
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"content": "Exploring current financial systems drawbacks.\n\n💰 Wealthy Imbalance\n\n🔄 The Cantillon Effect\n\nWhen new capital enters the market, it initially benefits the elite, allowing them to spend at full value. As it trickles down, others spend it at inflated values, reducing their buying power. Billionaires benefit first, followed by Millionaires, and finally, the Middle Class and poorest classes suffer the weakest buying power due to fully priced-in inflation.\n\n.\n💼 Millionaires follow suit.\n👨👩👧👦 Middle Class and the poor get weakened buying power.\n\n— Bitcoin Evangelism, with Brian E. De Mint 🌐 #FinancialSystems #WealthInequality #CantillonEffect",
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