Sylvain Saurel’s Newsletter

Sylvain Saurel’s Newsletter

The Invisible Chain: Why The System Is Working Exactly As Designed (Just Not For You).

How the Cantillon Effect silently siphons your wealth—and how Bitcoin breaks the cycle.

Sylvain Saurel's avatar
Sylvain Saurel
Jan 21, 2026
∙ Paid

You did everything right. You followed the script. You went to school, you got the degree, you landed the job, and you grinded. You skipped the expensive vacations, you cooked at home, and you put money into your savings account. You bought into the promise that if you contributed to society, society would offer you a path to stability and ownership.

And yet, when you sit down at the kitchen table to pay the bills, the math doesn’t work.

The house your parents bought on a single income is now a luxury item for dual-income high-earners. The grocery bill seems to have doubled, though the bags feel lighter. You are earning more currency units than you ever have in your life, yet your purchasing power feels like sand slipping through your fingers.

There is a gnawing, quiet desperation in the pit of your stomach. A feeling that you are running on a treadmill that is slowly speeding up, forcing you to sprint just to stay in the same place.

Society tries to gaslight you into believing this is your fault. They tell you it’s the avocado toast. They tell you to budget better. They tell you to “upskill.” They treat the symptoms—rising prices—as if they are natural disasters, like hurricanes or earthquakes, unavoidable and random.

But deep down, you know the truth. This isn’t an accident. And it certainly isn’t a failure of the system.

The system isn’t broken. It is working exactly as it was designed.

It just wasn’t designed for you.


The Mirror Attack: Why Your Eyes Are Lying to You About Bitcoin Addresses.

Why checking the first and last characters is now the fastest way to lose your stack.


The Great Illusion of Inflation

To understand the trap you are in, you must first unclench your mind from the definition of “inflation” that the news gives you.

They tell you inflation is the Consumer Price Index (CPI). They tell you it’s “prices going up.” This is a convenient lie. Price increases are not inflation; they are the result of inflation.

Inflation is the expansion of the money supply.

Imagine a pool. If you pour a bucket of water into it, the water level rises. That is inflation. The “price” of the water rising against the edge of the pool is just the visual evidence of the extra liquid.

When the government and central banks print trillions of dollars—as they have done aggressively over the last decade—they are pouring water into the pool. But unlike water, money functions on a specific, predatory mechanic. It doesn’t distribute evenly. It doesn’t raise all boats at once.

This mechanic has a name. It was identified in the 18th century by an Irish-French economist named Richard Cantillon. It is called The Cantillon Effect, and it is the single most important economic concept for understanding why the middle class is dying.



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