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If we had political support for just giving poor people money, we could let the price of electricity go up a bit.
by ReactiveJelly 4y ago
If we had political support for just giving poor people money, we could let the price of electricity go up a bit.
- josephcsible 4y agoIsn't printing money and giving it to people who will definitely spend it all just about the worst thing you can do when inflation is through the roof?
- DonHopkins 4y agoThen take it from rich people and corporations instead of printing it.
- mwint 4y agoSame thing, economically.
- DonHopkins 4y agoNope, actually not the same thing at all. Why would you even believe or say something like that?
- josephcsible 4y agoIf you take money from people who were saving it, and give it to people who will immediately spend it all, that does indeed make inflation basically just as bad as printing it would have.