[ladyattis]

I find it odd that the article makes no mention of Richard Cantillon or the Cantillon effect. To summarize the Cantillon effect, whenever the money supply is increased those who first receive the new supply of money can purchase goods at the pre-inflationary rate/price and therefore gain the benefit of extracting more value from the money before the rest of the economy begins to notice and thus inflate their prices to correspond to the new supply. The result of this early receivers get more wealth from later receivers of the money, it's basically economic rent.