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I vehemently disagree. Handing out cash to the poor isn’t fixing the problem. It will make matters worse (inflation). It’s almost unbelievable that investing i
by systemvoltage 5y ago
I vehemently disagree. Handing out cash to the poor isn’t fixing the problem. It will make matters worse (inflation).
It’s almost unbelievable that investing in education and apprenticeship is considered a negative thing but giving straight up cash from Billionaires is popular.
Homelessness and poverty needs to be tackled by getting these people jobs.
- X6S1x6Okd1st 5y ago> I vehemently disagree. Handing out cash to the poor isn’t fixing the problem. It will make matters worse (inflation). Huh? Bezos giving away money likely isn't going to lead to inflation. The money supply is held constant here.
- systemvoltage 5y agoI was referring about the concept of giving people cash (UBI) in general and replying to the comment above mine.
- X6S1x6Okd1st 5y agoYou can have ubi without inflation. See Alaska permanent fund
- presentation 5y agoHopefully a few hundred peer reviewed papers might change your mind. https://www.givedirectly.org/research-on-cash-transfers/ https://www.givedirectly.org/research-on-cash-transfers/
- deleted 5y ago[deleted]