The Problem Isn’t Just Inflation — It’s Who Gets the Money First Most people think inflation just “happens.” Prices go up, and we all suffer together. That’s the story we’ve been fed for decades. But that story is a lie—or at best, a distraction. Here’s what the textbooks won’t tell you: when new money is created, it doesn’t fall from the sky. It flows through a system. And whoever gets it first gets rich. Everyone else? They get stuck with higher prices and devalued savings. This is what economists call the Cantillon Effect, and it’s the dirty little secret behind America’s skyrocketing inequality. Outdated Economics: Why Textbooks Are Lying to You According to a recent article from the Mises Institute,…
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