The Nearest Hand

This book explores the enduring pattern of how new money enters the economy, rewarding those closest to its source while leaving others behind, a phenomenon that has persisted for over five centuries. Tracing historical examples from the Spanish Silver Rush to modern financial crises, it examines the mechanism behind wealth distribution and its societal impacts. The narrative also critically discusses contemporary instances of monetary expansion, culminating in a reflection on what a fair society owes to those who do the work at the end of the financial line.