The Cantillon Effect (And The Inevitable Demise of Financials) – ValueWalk Premium

The Cantillon Effect (And The Inevitable Demise of Financials)

In a pertinent observation, Ludwig von Mises, a philosopher, Austrian School economist, sociologist, and liberal says: ‘Inflation and credit expansion, the preferred methods of present day government open-handedness, do not add anything to the amount of resources available. They make some people more prosperous, but only to the extent that they make others poorer.’

In fact, indiscriminate additions to money supply have a negative . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk