Money within the Market Process ~ Ethics of Money Production
World Crypto Network
The chapter explains how money production increases prices non-uniformly through the Cantillon effect, benefiting early recipients of new money at the expense of later ones. Competitive markets constrain coin production to ventures offering competitive returns; historically multiple coin types (gold, silver, copper) coexist naturally. Ethical requirements mandate strict differentiation between coi

https://relay.towardsliberty.com/baa04dca8bcf60de3196dfb0cf2d9b222de9c0aa058f8415f3987293208416f3.mp4
Feb 28, 2019