Cantillon Effect – those closest to money printer benefit the most. Inequality at its best. Great explanation below
Most people have never heard of the Cantillon Effect.
But once you understand it, you’ll see the world of investing differently.
What is it?
In the early 1700s, Richard Cantillon noticed a simple pattern:
When new money enters an economy, it doesnt reach everyone at once.
And
The bottom line on IREN is more complicated than the headline. The company combines renewable power, controlled sites, data-center capacity, and two possible revenue engines: Bitcoin mining today and AI infrastructure tomorrow. That combination is what makes IREN unusual. Mining can monetize power immediately, while the AI opportunity could increase the value of the same…
$HOOD held the one number that mattered. 104.42 is the 50 EMA, the .618 and the cloud floor stacked on one line. Closed right there yesterday. Today +5.2% on the tokenized equities pilot. • SEC opened the door to tokenized stocks in the US • Fed hiked and crypto rallied anyway, BTC back over 76k…
Let’s put things in perspective. Thanks @KHerriage Rates never ended that bull market. Demand did. By 2000 the fiber was built years before anyone needed it, and the capex cycle ran out of customers while the 10 year sat near 6%. Today the order is reversed. Customers are
Fed hikes and everything is GREEN. Stock futures up. Bitcoin up. And yields up across the whole curve, 2 year through 30 year, the 10 year through 5%. The market wasn’t afraid of the Fed today. It wanted the UNCERTAINTY gone. The hike was priced, so once it landed there was
“Raising rates will not lower energy prices. It will not create oil, gas, pipelines, refineries, or electricity capacity. And it will not curb government spending.” “This is not inflation fighting. It is punishing the productive private sector while fiscal excess remains untouched.” Well said @dlacalle_IA 🤝
Most people watching the Fed are watching the wrong number. Earnings do not move the overall market; liquidity does. The rate that matters is the real rate: the policy rate minus expected inflation. The Fed sets the first variable. The public sets the second. That means policy can change without a single vote. Hold the…
