The Rich get richer. Yes, I am sure you have heard that before. In fact, in our episode on taxes, we have even discussed the methods these people use to further propagate their wealth. But today’s episode is a bit different. It is in a sense, unfair by a big proportion. Think about it, the numbers are just out and the year-to-year Consumer Price Inflation in the United States is at 6.2%. That’s the highest it has ever been in 3 decades. Like if you think about it, even if your salary grew by 5% this year, you technically got a pay cut? Now on the other end of the spectrum, Billionaires got about 50-70% richer over this same period of time, particularly, in this 1 year. Take Elon Musk, for example, his one-year wealth growth has been at 70%. How is this even possible? If earnings are reduced, shouldn’t these Company’s revenues too? Don’t worry, I got you covered. In this confusing branched out frenzy of quantitative easing and market-economy disconnect, let’s take some steps back, about 250 years ago and trace this very problem as identified by its father- Richard Cantillon in his book “An Essay on Economic Theory” and the Cantillon Effect which was published 30 years after he was murdered. We will go into all that, from the Mississippi Bubble to the detrimental effects of money creation at the Federal level, we will cover all of it today. And as always, Thank You so much for taking the time in listening as well as reading this. Do not forget to follow the podcast on any platform you are listening to and review it if you are on Apple Podcasts. If you want to get in touch with me, here is everything I am accountable for - Have a great day! > www.linktr.ee/neogyspandan