The Impact of Inflation on Wealth Gap: A Warning for the Future

"I get a cheeseburger fries and a shake for under a dollar at McDonald's. You know now that's going to cost 15 dollars a lot of places It's just gotten crazy isn't it. So here's what the big fear is. There's a French economist He's actually Irish-French economist His name is Richard Cantillon. And he wrote in 1755. That He was closest to money creation And The king and the wealthy likely benefit from the distributional choices of currency through the system What does he mean by that Let me put it in modern terms. If you live in Washington and you're close to the government that's printing too much money you get a lot of chance to make a lot of money from it..."

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