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A comment on Homes in 97% of U.S. cities are overvalued, Moody's says. Parent comment
https://river.com/learn/terms/c/cantillon-effect/
Banks will loan some people billions at rates half of which they would give you, if they even gave you a loan. Thus they can buy everything for inflated prices.
We need to end the fed.
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https://river.com/learn/terms/c/cantillon-effect/
Banks will loan some people billions at rates half of which they would give you, if they even gave you a loan. Thus they can buy everything for inflated prices.
We need to end the fed.