To expand on "money velocity": Inflation reaches high-priced assets and those which are largely bought by institutional investors first - Real estate and equity

To expand on "money velocity": Inflation reaches high-priced assets and those which are largely bought by institutional investors first - Real estate and equity. Cantillon's effect is the keyword: https://en.wikipedia.org/wiki/Richard_Cantillon#Monetary_theory https://en.wikipedia.org/wiki/Richard_Cantillon#Monetary_the...