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does anyone bull posting about eth understand the cantillon effect? or how it might impact these finger in the air ideas?
from @gmaxwell
Imagine a currency that was perpetually inflationary by having everyone's holdings equally increase by 10% every year. Other than some logistic impacts with pricing and contract terms and some psychological effect, this would be a complete economic no-op: no one would be richer or poorer because of it. The "inflation" isn't what matters economically, what matters economically is how the inflation is distributed.
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