The Cantillon Effect Has Led to Massive Wealth Inequality.

#money #currency #inflation #banking

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The Cantillon Effect: https://river.com/learn/terms/c/cantillon-effect/#:~:text=The%20Cantillon%20Effect%20describes%20the,and%20industries%20at%20different%20times.

Federal Reserve Board - Distribution of Household Wealth: https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/chart/#range:1989.3,2024.1;quarter:119;series:Net%20worth;demographic:networth;population:1,3,5,7,9;units:levels

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