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I am not attacking your idea but am curious to know how is this not inflation for everyone else?
by DamnYuppie 10y ago
I am not attacking your idea but am curious to know how is this not inflation for everyone else?
- ryandrake 10y agoUBI goes to everyone and affects everyone. Who's the "everyone else"?
- bryondowd 10y agoIn other words, people who already have money would see that money devalued, perhaps very significantly and in excess of the new money they receive. I'm not terribly averse to the concept, but it would seem to be a redistribution of value that would significantly impact the wealthy. Which makes it tough to actually pull off, because they have a lot of resources to fight such a thing.