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.
Too bad we canβt see that in log πͺ΅
Pretty good correlation.
We need to end fiat.
This is crazy. Great chart by the way!
dude. bitcoin is such a vehicle for learning.
nostr:note1guklav3jzt5ef229kvcs595p0vm3zedqllcpm6xzzkr8kctglqtq5nns3k
Amazing. The ones near to the money printer benefit the most, while the bottom end gets diluted.
Is there a similar plot of #bitcoin distribution?
I suspect top 1% #hodl more than bottom 50
What say #askNostr
