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A comment on Margin Debt Surges 9.5% in June to Record High. Parent comment
This is well understood by some schools of economics. It's called The Cantillion Effect.
https://mises.org/mises-wire/cantillon-effects-why-inflation...
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This is well understood by some schools of economics. It's called The Cantillion Effect.
https://mises.org/mises-wire/cantillon-effects-why-inflation...