Genre: Finance
The Nearest Hand: Silver, Stimulus, Silicon, and the Five-Century Story of Who Gets Paid First
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From the silver mines of Potosí to quantitative easing and the AI boom, *The Nearest Hand* traces a recurring economic question across five centuries: when new money enters an economy, who receives it first—and who pays the price later? Exploring Richard Cantillon’s influential theory through history, the book examines how the flow of new purchasing power can shape wealth, prices, and inequality.