UnderpantsWeevil@lemmy.world to Lemmy Shitpost@lemmy.worldEnglish · 9 hours agoModern Monetary Theory: Musk Editionlemmy.worldimagemessage-square54fedilinkarrow-up1241file-text
arrow-up1241imageModern Monetary Theory: Musk Editionlemmy.worldUnderpantsWeevil@lemmy.world to Lemmy Shitpost@lemmy.worldEnglish · 9 hours agomessage-square54fedilinkfile-text
minus-squareunmagical@lemmy.mllinkfedilinkarrow-up3·edit-27 hours agoThe printing money wouldn’t be enough. You’d also have to legislate what people are not allowed to do after the money printing begins (like rent hikes equal to the average household size * the ubi check).
minus-squareBonsoir@lemmy.calinkfedilinkarrow-up1·6 hours agoWhich you already have to do, because there already is inflation. I don’t see how a UBI would change anything if the inflation stays the same.
The printing money wouldn’t be enough. You’d also have to legislate what people are not allowed to do after the money printing begins (like rent hikes equal to the average household size * the ubi check).
Which you already have to do, because there already is inflation. I don’t see how a UBI would change anything if the inflation stays the same.