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Power structures have a way of living in secret. The Cantillon Effect is perhaps one of the best kept secrets of our current power structure.
What do you call someone who runs a money printing machine in his basement without permission? In common parlance, this is probably called an evil thief - a thief who enriches himself from the purchasing power of others by devaluing existing money. This is exactly the case with those who take advantage of the money printing machines of the central banks, who have information before this money flows into certain channels and can help themselves to this fortune as frontrunners. They are the modern cantilloneres!
In order to unmask this great injustice, wouldn't it be time for a great campaign, ideally launched from our ranks, to explain this effect to the people?
A campaign is inevitable, since monetary policy has traditionally received step-motherly treatment in the mainstream media, if at all. Banks and financiers of the media take great care to ensure that your key ingredient, the Cantillon crook effect, can continue to work covertly in their favor.
Therefore, make yourselves a gift to the year end, and speak you the topic in their social surrounding field calmly openly and move thereby also some untruth over the capitalist system into the right light.
For, as we know from reading Hayek and Mises: an open, free market is the most democratic of all instruments that human civilization has invented to this day. If we cut out the Cantillon effect like a cancer from the center of the monetary system, we will protect this evolutionary good of civilization from the contamination by its enemies.
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I was assuming I would regret clicking that ... but was not disappointed.
The date for the video is 12 years ago, it could have been created today -- just as applicable. And probably a few millennia ago as well.
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Imagine the truth about this theft circulating for decades. And nothing ever changed! Good job, MSM!
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When I was disappointing you, using "click bait" links? :) You know... I always speak truth.
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Better than launching a campaign , wouldnt it be better to design a solution that will counter the cantillon effect ?
Ampleforth team has designed a protocol to effectively address the cantillon effect. The design is such that inflation resistant stable coin is released proportionately based on increasing demand to the wallets of preexisting holders of AMPL
Had mentioned it in my article https://bit.ly/dollarhyperinflation
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Or letting Bitcoin spread...
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