inflation is not scale-independent, the first goods to be bid up are the ones purchased by the people who receive the freshly minted funds. https://en.wikipedi

inflation is not scale-independent, the first goods to be bid up are the ones purchased by the people who receive the freshly minted funds. https://en.wikipedia.org/wiki/Richard_Cantillon#Monetary_theory https://en.wikipedia.org/wiki/Richard_Cantillon#Monetary_the...