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> Why would prices increase? Inflation: https://en.wikipedia.org/wiki/Inflation https://en.wikipedia.org/wiki/Inflation You inject a double-digit percentage
by kobeya 9y ago
> Why would prices increase?
Inflation:
https://en.wikipedia.org/wiki/Inflation https://en.wikipedia.org/wiki/Inflation
You inject a double-digit percentage of all cash that exists into the economy year-after-year -- numbers bounded about in this very thread are on the order of 1/3 of all US dollars in existence, just for Americans to receive a minimal, poverty rate handout -- I guarantee you there will be inflation at levels that have never been seen since the founding of this country.
- sheepmullet 9y agoBut isn't the idea to take that money in the form of taxes rather than just printing it?