4 ms·
This 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), w
by justinpowers 4y ago
This 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)