Head of one of the largest banks in the world, with a direct connection to the fiat teat wants to be able to size private property to construct fiat energy facilities.
It’s hard to think of a better example of the rich getting richer at the expense of everyone else. The Cantillion Effect gone wild.
“According to Cantillon, the beneficiaries from the expansion
of the money supply are the first recipients of the new money, who are able to spend it before it has
caused prices to rise. Whoever receives it from them is then able to spend it facing a small increase in the
price level. As the money is spent more, the price level rises, until the later recipients suffer a reduction
in their real purchasing power. This is the best explanation for why inflation hurts the poorest and helps
the richest in the modern economy.”
#[0] in “The Bitcoin Standard”