In the arena of geopolitics and public finance, Darren Winters points out that a predictable dead end now lies ahead. The trajectory of public debt growth is unsustainable, which has even been admitted by Fed Chair Powell. The debt clock ticks to a dead-end Public debt levels are not infinite numbers. “It is rising by …
Cantillon Effect
The Cantillon effect perhaps best explains the widening wealth gap between the have and have-nots, monopolies and a growing shift from a democracy to a plutocracy of rule by the wealthy and endless wars. What is the Cantillon Effect? Darren Winters explains; the Cantillon effect was a theory put forward by Richard Cantillon (1680s – …