3 ms·
Nobody, and I mean nobody, seems to have quantified the Cantillon effect. Money is "printed" when a fractional reserve loan is issued. That means when people bo
by arcticbull 5y ago
Nobody, and I mean nobody, seems to have quantified the Cantillon effect. Money is "printed" when a fractional reserve loan is issued. That means when people borrow money. Everyone borrowing new money is doing so from the printer.
Please either quantify the Cantillon effect or find a new scapegoat.
The issue is zoning.