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That’s an interesting idea. How could you see that working in practice?
by craigc 8y ago
That’s an interesting idea. How could you see that working in practice?
- api 8y agoWith a basic income you could make it variable and raise or lower the nominal basic income payment to vary the rate of money supply growth. This could run alongside the regular interest rate system. If inflation got too high you could raise the interest rate to vacuum up excess currency.