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๐Ÿ’ฐ Wealthy Imbalance
๐Ÿ”„ The Cantillon Effect
When new capital enters the market, it initially benefits the elite, allowing them to spend at full value. As it trickles down, others spend it at inflated values, reducing their buying power. Billionaires benefit first, followed by Millionaires, and finally, the Middle Class and poorest classes suffer the weakest buying power due to fully priced-in inflation.
Illustration: ๐Ÿ‘‘ Billionaires get full value first. ๐Ÿ’ผ Millionaires follow suit. ๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘งโ€๐Ÿ‘ฆ Middle Class and the poor get weakened buying power.
โ€” Bitcoin Evangelism, with Brian E. De Mint ๐ŸŒ #FinancialSystems #WealthInequality #CantillonEffect