Premise: the Cantillon effect breeds conflict 👇

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“Money production therefore redistributes real income from later to earlier owners of the new money. As we have pointed out, this redistribution cannot be neutralized through expectations. Even the market participants who are aware of it cannot prevent it from happening. They can merely try to improve their own relative position in it, supplying early owners of the new money, preferably the money producer himself.

This distribution effect is a key to understanding monetary economies. It is the primary cause of almost all conflicts revolving around the production of money.”

Excerpt from

The Ethics of Money Production

Jörg Guido Hülsmann