The Cantillon Effect Greater inequality surely lies ahead Analysis
. The Cantillon Effect Greater inequality surely lies ahead Analysis http://ntvforex.com/news/?id=06a150. . 7 30 2020 3 10 27 PM . . . Main Street, we have a problem. . The idea that central banks increase wealth inequality is often seen as a philosophical argument. In reality, the data is now in complete support of this as a fact. With money velocity declining severely in the real economy since the pandemic began, we are also seeing the M2 money supply increasing at record speeds. . With more available credit in the banking system M2 , how can velocity still be trendline downward . The reason is More credit is being created through bank lending, but the money is flowing into fewer and fewer bank accounts Together, the charts below paint a bleak picture. The monetary policies being enact...
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