The changing landscape of family life in modern economies provides evidence that the Cantillon effect is in play. This effect results from new money creation and leads to a redistribution of real wealth as early recipients of new credit expansion are the key beneficiaries from inflationary monetary policy. Meanwhile, the later recipients of the newly created money are among those households that are left worse off than before the inflation occurred. While monetary policy is often thought of as a macroeconomic concern, there are real consequences at the household level. The consequences of the Cantillon effect has been—perhaps unwittingly—described by social scientists who have detailed changing family life in America since the 1960s.