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My summary:
Cantillion observed that those close to money printing receive the benefit and those removed from it see purchasing power destruction without income increase.
In short the working clas and poor have to pay more for the things they need and receive no extra income. The rich & rich bankers get richer without doing anything and get more free money to speculate and increase their wealth in asset/stock increases.
Richard Cantillion prospered in speculation in the Missippi Bubble (John Law's creation) by buying shares cheaply and then selling them higher. He knew it was a worthless bubble all the while.
== end of my summary === https://en.wikipedia.org/wiki/Richard_Cantillon
Notes follow:
Same with money: in case of a monetary expansion, the ones who profit from it are the ones who are close to the money. “Close to the money” in this case means everyone who can access the money right at the beginning, i.e. big companies, banks, etc. They get loans and make investments. Prices then start to rise even though the rest of the population has not received any of the new money yet. This part of the population usually is not the one with too much money. Nonetheless, they have to pay the higher prices even though they have not profited from the increase in money at all. And they will never profit from it in the same way as the ones who received the money first. The result is a redistribution from the poor to the rich.
The situation with SolarWinds software enabled hackers to gain access to the U.S. Commerce Department and, reportedly, the Treasury Department.
This means the US SolarWinds product is 💯 compromised across the USG. Likely China w/ back doors to every dept, agency & activity in the USG.
According to FireEye, a cybersecurity firm, the hackers inserted malicious code into legitimate software updates for the SolarWinds Orion software. The code enabled an attacker to gain remote access to the victim’s systems.
The malware was designed in a way to not alert the victim to the intrusion, and attackers went to significant lengths to blend into normal activity.