2 ms·
Sure it does. By redistributing it from people that don't use it to people that do, you increase the velocity of money. Inflation is a function of velocity * su
by b9a2cab5 5y ago
Sure it does. By redistributing it from people that don't use it to people that do, you increase the velocity of money. Inflation is a function of velocity * supply, ergo redistribution causes inflation.
But I'm not talking about that kind of generalized inflation, I'm talking about inflation specific to rent prices. If landlords hold an oligopoly, any increases in real purchasing power will be absorbed by rents. That is what has happened in the SFBA and what will happen if UBI gets implemented.