> The USA did this during the COVID era. We basically implemented UBI. We expanded the M1 money supply from $4T to $18T and largely handed it out in a diffuse w

> The USA did this during the COVID era. We basically implemented UBI. We expanded the M1 money supply from $4T to $18T and largely handed it out in a diffuse way. For the first 6 months it was awesome. And then shortages started spiking and inflation started creeping in. We ultimately had to roll it back. Yup. And don't forget where most of that money finally ended up - as absolutely massive corporate windfalls. That COVID money went through the economy like shit through a goose and ended up where it always does, in the hands of those that are good at making money.