halalmoney @halalmoney - 6d
The Cantillon Effect refers to the disproportionate gains captured by those closest to new money creation. It thrives today in the revolving door between K Street and Wall Street. So long as that dynamic endures, political actors will arbitrage growth for personal gain ensuring that the benefits of economic growth leak out through privileged channels. https://apple.news/AEPtYpHkBQayceksfXCO4Qg