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Why would giving everyone an grant a month result in inflation? That is entirely not clear, alluding to Venezuela does not make it an argument. Essentially you
by cycomanic 7y ago
Why would giving everyone an grant a month result in inflation? That is entirely not clear, alluding to Venezuela does not make it an argument.
Essentially you seem to be saying that creating a more equal society results in higher inflation. I don't see your argument being supported by reality, I am not aware of studies showing that the North European countries have statistically higher inflation.
- atq2119 7y agoUnfortunately, many people equate "printing money" with inflation, which is too simplistic. That said, all those monetary grants could lead to excessive demand which leads to inflation, especially in sectors of the economy that are not competitive. Whether it actually would lead to inflation and, more importantly, to how much is a question that needs to be answered empirically.