3 ms·

The money will come from a 10% Value Added Tax (VAT). No new money will be printed to pay for the Freedom Dividend so there will be no inflation.

• fooker 7y ago
  >No new money will be printed to pay for the Freedom Dividend so there will be no inflation. Wow this is fundamental misunderstanding of what inflation is.
  • chr1 7y ago
    What exactly is the fundamental misunderstanding here? https://en.m.wikipedia.org/wiki/Inflation https://en.m.wikipedia.org/wiki/Inflation says > Economists generally believe that very high rates of inflation and hyperinflation are caused by an excessive growth of the money supply. Views on which factors determine low to moderate rates of inflation are more varied. The freedom dividend can cause low to moderate inflation, if the extra tax is high enough to cause recession. But the only path to hyperinflation is government printing more money.
    • fooker 7y ago
      We are not talking about hyperinflation here.