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> Today’s stimulus is a perfect example of UBI. > eventually as we see now shortages in just about everything This is a pretty big jump in logic. We've had a

> Today’s stimulus is a perfect example of UBI. > eventually as we see now shortages in just about everything This is a pretty big jump in logic. We've had a ransomware account that shut down a gas pipeline, we've had mass business shutdowns in multiple countries that affected the entire economy, we've had a large shipping block. It's pretty hard to blame the current chip shortage on the stimulus. I do not understand how people get so wildly confident about this stuff whenever UBI comes up. I would not be so confident to claim that supply shortages for materials/foods from other countries are being caused by a stimulus in the US, particularly during a period where our government policy was to specifically tell people that the responsible, social thing to do not to go into their jobs.

smaryjerry 5y ago
I’m not even talking about gas. I’m taking about chips, lumber, chicken, and much much more. All of them are having shortages and it has nothing to do with randomware but it is important to recognize that using stimulus is like using a budget, spending money in one spot means you can’t spend it in another, while we have gone all in on the pandemic we forget that other problems like ransomware and whatever else comes up still need to be addressed and take money to correct.
- danShumway 5y ago
  > All of them are having shortages and it has nothing to do with randomware But also it's relatively unlikely that any of them have anything to do with the US stimulus. We import most of our chips. I'm not even saying that shipping/factory shutdowns are the sole cause of inflation right now. But it's really overconfident to say that the stimulus is the cause of all of those increases, I think that's pretty unlikely to be the largest cause. It's just a pretty large oversimplification -- do people seriously believe that if a stimulus hadn't happened that shipping costs would have gone down during a pandemic?

smaryjerry 5y ago

I’m not even talking about gas. I’m taking about chips, lumber, chicken, and much much more. All of them are having shortages and it has nothing to do with randomware but it is important to recognize that using stimulus is like using a budget, spending money in one spot means you can’t spend it in another, while we have gone all in on the pandemic we forget that other problems like ransomware and whatever else comes up still need to be addressed and take money to correct.

danShumway 5y ago
> All of them are having shortages and it has nothing to do with randomware But also it's relatively unlikely that any of them have anything to do with the US stimulus. We import most of our chips. I'm not even saying that shipping/factory shutdowns are the sole cause of inflation right now. But it's really overconfident to say that the stimulus is the cause of all of those increases, I think that's pretty unlikely to be the largest cause. It's just a pretty large oversimplification -- do people seriously believe that if a stimulus hadn't happened that shipping costs would have gone down during a pandemic?