Richard Cantillon, whom Austrians consider to be the real father of modern economics, noted that new money creation has uneven effects. Jonathan Newman demonstrates how those effects take place.

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Econ Potpourri  828603

Undisciplined

Today's update:

By [Jonathan Newman](https://mises.org/profile/jonathan-newman)
[Four Charts That Show Cantillon Effects](https://mises.org/wire/four-charts-show-cantillon-effects)
> Richard Cantillon, whom Austrians consider to be the real father of modern economics, noted that new money creation has uneven effects. Jonathan Newman demonstrates how those effects take place.