I think the explanation the Cantillon effect gives is wrong. The monetary injection spreads uneven not because the effects on purchasing power are delayed betwe

I think the explanation the Cantillon effect gives is wrong. The monetary injection spreads uneven not because the effects on purchasing power are delayed between different groups but because it mostly increases the value of financial assets. And rich people have a larger share of their wealth in financial assets. Most of the wealth in the lower income percentiles is probably in consumer goods (appliances, cars, etc) and very little in savings / financial assets.