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"Cantillion Effect" people closest to the source profit benefit the most, while the rest suffer.... 

"Cantillion Effect" people closest to the source profit benefit the most, while the rest suffer.


en.wikipedia.org/wiki/Richard_

Cantillon suggested that occurs gradually and that the new supply of money has a localised effect on inflation, effectively originating the concept of non-neutral money.

Furthermore, he posited that the original recipients of new enjoy higher standards of living at the expense of later recipients.

The concept of relative inflation, or a rise in prices among different goods in an , is now known as the Cantillon Effect.

re: "Cantillion Effect" people closest to the source profit benefit the most, while the rest suffer.... 

@freeschool Sorry, I couldn't process this image.

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