Wealth and Power
Wealth often leads individuals to seek power and influence rather than just accumulating more money. During the pandemic, the money supply surged, benefiting the wealthiest while leaving others, like pensioners in rural areas, feeling the sting of rising prices. This phenomenon, known as the Cantillon effect, highlights how the first recipients of newly created money gain advantages at the expense of the broader society, a crucial concept that needs wider understanding, especially among politicians.In this clip
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Doc Malik
Rune Ostgard Talks About Inflation And It's History
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