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One method of paying for UBI isn't listed - "Printing Money" (Don't say they aren't thinking about it)
by dana321 7y ago
One method of paying for UBI isn't listed - "Printing Money"
(Don't say they aren't thinking about it)
- 1996 7y agoThe europeans are thinking about that: I read an article where the head of the ECB explored this as an alternative to negative inflation
- anticensor 7y agoThat way of paying UBI conflicts their interests (pun intended). But it has an upside too: You could target exactly zero inflation in a UBI-based monetary system without adverse effects.
- throwaway2048 7y agoPrinted money just gets given to banks (for free, effectively), I don't see the issue with just giving it to somebody else instead.