In this episode of Bitcoin Backstage, Host Isabella Santos goes backstage with Jimmy Song to explore the Cantillon Effect and how the mechanics of money printing lead to an uneven rise in relative prices. This helps to explain how inflation benefits those closest to the money printer at the expense of those further away, in effect redistributing capital along the way.

Plus, Jimmy discusses the role of Bitcoin as a solution to this inequity, and why an economy built on sound money can rectify these economic distortions.

Get Jimmy Song's Book "Fiat Ruins Everything: How Our Financial System Is Rigged And How Bitcoin Fixes It" in the Bitcoin Magazine Store: https://store.bitcoinmagazine.com/col...

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