The Cantillon Effect – The closer you are to the source of money creation, the more you benefit.
TheBestPieIsAllPie on

Dismal_Information83 on
They’re too busy internalizing GOP propaganda and tearing down Social Security and Medicare for themselves. Ironic, it’s the only social safety net they ever had a shot at.
Truth-Teller100 on
I bet the house he bought with one bathroom and people pairing up in rooms today’s young adults would sneer at.
And that is the real problem. Those houses exist but everyone is too full of them selves to live in one of them. Just not good enough
someoldguyon_reddit on
We didn’t have billionaires to support in your grandpa’s day.
That’s why. And it’s the only reason.
aseanred on
I mean if you work the same and lived the same way your grandpa did as a Janitor you can afford to live that way too
LJski on
I don’t think “fiat” has anything to do with it. We could all be carrying around gold and silver coins, and Bezos and Elon would still have a dragon’s lair worth compared to us.
Mindless_Giraffe6887 on
I think that people who want to bring the gold standard back have no idea what they are talking about
carvercraft on
I’m a janitor and I’m supporting wife and five kids in a two story house
9 Comments
The Cantillon Effect – The closer you are to the source of money creation, the more you benefit.

They’re too busy internalizing GOP propaganda and tearing down Social Security and Medicare for themselves. Ironic, it’s the only social safety net they ever had a shot at.
I bet the house he bought with one bathroom and people pairing up in rooms today’s young adults would sneer at.
And that is the real problem. Those houses exist but everyone is too full of them selves to live in one of them. Just not good enough
We didn’t have billionaires to support in your grandpa’s day.
That’s why. And it’s the only reason.
I mean if you work the same and lived the same way your grandpa did as a Janitor you can afford to live that way too
I don’t think “fiat” has anything to do with it. We could all be carrying around gold and silver coins, and Bezos and Elon would still have a dragon’s lair worth compared to us.
I think that people who want to bring the gold standard back have no idea what they are talking about
I’m a janitor and I’m supporting wife and five kids in a two story house