2min chapter

The "What is Money?" Show cover image

Property as Philosophical Steel | The Hillebrand Series | Episode 10 (WiM069)

The "What is Money?" Show

CHAPTER

The Cantion Effect Is Relative at Shore

The cost of failures is getting externalized to your point ight, not the people that executed the failure, but whoever. Presumably those at the bottom of the s economic hierarchy are incurring the cost of those failures. If it's just inflation, it were basically the government's printing money to paper over its own bad decision making,. That inflation really disproportionately the economically vulnerable? Well, i mean, if you're accurate, it affects the people who receive the newly printed money later. And that, again, that does not have to be the lower class.

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