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There wouldn't be a problem delivering goods, because companies would still compete to deliver those goods using price signals. The problem is that a lot of go
by danielweber 10y ago
There wouldn't be a problem delivering goods, because companies would still compete to deliver those goods using price signals.
The problem is that a lot of goods delivered to the poor are delivered by low-skill workers, and since demand curves slope there will be significant inflation here, along with a lot of things undone.
- maerF0x0 10y agoIMO the spike in demand will cause shortrun inflation, then suppliers will scale up production/competition in response. IDK if 5 years is enough time to see this all through. Depends on what they end up demanding most of. Food seems to be in good supply so minimal inflation there. Housing is tight in bay area so likely to see inflation there.
- antisthenes 10y agoYou won't see measurable inflation from such a small scale program.