Espiritdescali@futurology.todayM to Futurology@futurology.todayEnglish · 2 years ago$750 a month was given to homeless people in California. What they spent it on is more evidence that universal basic income works.www.businessinsider.comexternal-linkmessage-square47linkfedilinkarrow-up1334arrow-down19
arrow-up1325arrow-down1external-link$750 a month was given to homeless people in California. What they spent it on is more evidence that universal basic income works.www.businessinsider.comEspiritdescali@futurology.todayM to Futurology@futurology.todayEnglish · 2 years agomessage-square47linkfedilink
minus-squareEspiritdescali@futurology.todayOPMlinkfedilinkEnglisharrow-up5·2 years agoUBI is a redistribution of money, not a creation of money. The net total is the same, so in theory there is no inflation.
UBI is a redistribution of money, not a creation of money. The net total is the same, so in theory there is no inflation.