Why do the RICH get RICHER from inflation, while the rest of us get POORER?
This is the Cantillon Effect, explained in 60 seconds. 👇
https://video.nostr.build/d8daaf0bd445a5220a4c7e1f2e242f106f5ed4f6b8a0dd6494c086574d808bea.mp4
Discussion
Great video! Would love more of these shorts explaining topics related to economic workings and bitcoin so I can send them to friends and family to orangepill them.
unfortunately NOSTR doesn't have an easy way to share + categorize a whole backlog of them, but I've done a ton of them.
check my Instagram feed for a big list:
https://www.instagram.com/kineticfinance/profilecard/?igsh=MTY3azB1YjRoeHY1Ng==
It's called the REALITY sucks :-)
The poor can become rich with (or without inflation) if they educate themselves about real estate and bitcoin. So maybe this Cantilon Effect assumes the poor are lazy to explore.
I don't know how you arrived at the idea that "the poor are lazy"
most poor people I know generally don't have expendable income or access to cheap debt
it's not impossible for them to become rich, but it is exponentially more difficult for them to access capital and opportunity compared to rich people
Bitcoin levels that playing field as the barrier to entry is smaller than any other investable asset
Shared this video on Facebook to my normie friends.