BankSith on Nostr: “Centralization of credit in the hands of the state, by means of a national bank ...
“Centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly.” - The Communist Manifesto, Karl Marx, 1848 ✊ 🚩🚩🚩🚩
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quoting note1rtt…txq5Epic Fed pump. Insane.
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The Cantillon Effect refers to the uneven distribution of money in an economy as a result of changes in the money supply. Economist Richard Cantillon described how new money entering the economy first benefits certain groups and sectors before spreading out, leading to distortions in relative prices and wealth distribution.
Study #bitcoin 🧡