Youre increasing asset holders, mainly the rich, drastically while taking it from everyone else. Things are getting signifigantly worse as housing prices rise, birth rates fall, and populism inevitably increases.
We treat future promises of money, mainly debt, the same as we value existing money. Every loan is new money supply, which favors the rich who hold collateral, and who benefit the most from the cantillon effect. They also generally benefit the most from bailouts, which is just another symptom of loose money.
Youre increasing asset holders, mainly the rich, drastically while taking it from everyone else. Things are getting signifigantly worse as housing prices rise, birth rates fall, and populism inevitably increases.
We treat future promises of money, mainly debt, the same as we value existing money. Every loan is new money supply, which favors the rich who hold collateral, and who benefit the most from the cantillon effect. They also generally benefit the most from bailouts, which is just another symptom of loose money.