4 ms·
Money circulates.
by justinpowers 4y ago
Money circulates.
- legitster 4y agoYes, but Econ 102 explains the importance of money supply on prices.
- deleted 4y ago[deleted]
- justinpowers 4y agoThis is obviously about money supply. And UBI is not necessarily an increase in money supply (as it’s usually paid for by taxes and reduced welfare programs), whereas a government stimulus during an economic slowdown is, nearly by definition, an increase in money supply via government printing. (And the relationship between money supply and inflation would be covered in 101, not 102)