3 ms·
this should surely help reduce inflation
by luxuryballs 4y ago
this should surely help reduce inflation
- temende 4y agoI don't think the CPI will change much with 300 people receiving $1k monthly.
- InitialLastName 4y agoYes just imagine what the $11million bond LA will have to take out to cover this program will do to the monetary supply.
- Supermancho 4y agoThat's basically the cost of a Porsche Yacht - https://www.youtube.com/watch?v=I_ezBTxvtlA https://www.youtube.com/watch?v=I_ezBTxvtlA What a gap.
- guywithahat 4y agoIdeally the plan would be to expand this out to the whole city, not just the 11 million dollar trial. And frankly, dumping $11 million into the purchasing side of low income housing in LA very well could cause inflation in their local housing supply