Dear 
I must admit that I never heard about Cantillion effects and today I learned something new thanks to you.
This is named after Richard Cantillion which is when purchasing power is being transferred from those with old money to those with new money.
We're globally witnessing this process now, right? Some purchasing power is being transfered from FIAT to cryptocurrencies. Is that what we could call Cantillion effects?
I really appreciate the fact that you shared link to your publication via memo with me.
When the monetary supply is increased, the new money doesn't directly drop into our bank accounts nor does it fall from the sky
Indeed. It's all about distributing wealth, right? Our current economy isn't really good at that task.
| I would gladly help you get some exposure with this post if you want me to. When will you publish it, just send me a link via memo, ok? I can bring some traffic already to this post, but I would need to ask you to help me little bit with task of promoting it: 1) will you reply to every comment? 2) could you visit accounts of those few people, who dropped interesting comment at your post? And then would show your own support by dropping some unique and valuable comment? Idea behind it is simple: I want to help people who will engage with their audience. I need to ensure that you will give back to community and show your support to others as well. Let me know what do you think. |
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Yours
Piotr
RE: Cantillion Effects