Financialization creates disinflationary rather than inflationary pressures when capital stays in financial markets (distant from real economy), because the money velocity is low and it inflates asset prices rather than consumer prices—a key difference from mainstream monetary economics.
causalpending
Speaker
Victor JvetsikEvidence Quote
“The more money you generate, the more inflation you get. That is only true if this money gets to the ground where real people are. If it stays in a cloud of finance, it's actually disinflationary rather than inflationary.”
Created: 8/11/2026, 7:31:56 AM
My Notes
Loading notes...