The Cantillon Effect and the Free Markets

Sally Kohn: It's the cantillon effect. Those people closer to the money printer win out because they're getting the new money first. Everyone else who gets the money towards the end of the process, they are the losers in that process and so typically savers are getting wrecked there. The question is not like government, you know, telling people what to do or like banning frictional or fraction reserve per se. She says we should use the existing thousands of year old legal system to prosecute that.