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It's getting harder and harder to keep inflation on target. Universal income may become attractive from a monetary policy position at some point on top of the o
by breakyerself 9y ago
It's getting harder and harder to keep inflation on target. Universal income may become attractive from a monetary policy position at some point on top of the other reasons that have already been discussed.
- zzzzzzzza 9y agopersonally I like "quantitative easing for the people" - it doesn't provide guarantees like ubi, but it does a very similar thing, and, I think it would be a more powerful tool to combat inflation that the qe we know today, (which just swaps long term gov bonds for cash... two almost equivalent asset classes)