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Replying to Avatar Bitman

The Cantillon Effect clearly illustrated in a chart.

Money supply (M2) and wealth in the hands of the top 0.1% in the U.S. have gone hand in hand since the 1990s.

Meanwhile, the amount of money in the hands of the bottom 50% remains almost unchanged.

The rich get richer, and the poor get poorer.

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José López 11mo ago

Amazing. The ones near to the money printer benefit the most, while the bottom end gets diluted.

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