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The Cantillon Effect and Money Creation in the Modern U.S. Economy

The Cantillon Effect and Money Creation in the Modern U.S. EconomyBy: Chase Published on: 22/06/2025

Explore how the Fed and banks create money, who benefits first, and why it fuels wealth inequality. This deep dive unpacks the Cantillon Effect and the mechanics of modern fiat—plus what Bitcoin changes.

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The Cantillon Effect and Money Creation in the Modern U.S. Economy