5 ms·
Exactly, I came to say the same thing. You could pay for UBI with some MMT trick, but you‘d just end up inflating/rescaling all the prices. It would only work a
by lukebuehler 5y ago
Exactly, I came to say the same thing. You could pay for UBI with some MMT trick, but you‘d just end up inflating/rescaling all the prices. It would only work as a massive wealth redistribution program where the rich and middle class get heavily taxed. The latter is infinitely more difficult to implement than the former, but technically both would be UBI.