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the pandemic was a UBI experiment and inflation was a clear result
by dyno12345 4y ago
the pandemic was a UBI experiment and inflation was a clear result
- jerojero 4y agoIs it? Surely you're not just waving out the supply chain issues and reduced productive capacity of the whole world due to lockdowns. Was inflation in the USA higher than inflation in countries that didn't do direct deposits to people? As far as I know, it wasn't. That seems like a more fair starting point on studying effects of direct deposits.
- rolenthedeep 4y agoConsider how much money was given to the people and how much money was removed from circulation by corporations and billionaires taking unchecked ludicrous profits and evading taxes on it. Clearly giving people two $500 checks over the span of two years is the problem