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For demand control reasons. Money printing can only control supply. The alternative is central bank becoming the basic income supplier, with no abilities to con
by anticensor 8y ago
For demand control reasons. Money printing can only control supply. The alternative is central bank becoming the basic income supplier, with no abilities to control demand.
- edoo 8y agoThere could easily be a method where multinational banks don't profit from our debt.
- anticensor 8y agoThe states, which have a central bank, a taxing buro and a government-owned lottery together, do have the necessary instruments to distribute UBI with a suitable demand control mechanism, with just a re-legistlation and re-organisation. US lacks the last one, hence lacks the instrument to do the demand control without debt control nand excessive taxing.