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> Its very much like a stealth interest rate cut, with pretty much identical effects. No, it's even better. The basic income can create an effective negative i
by Daniel_Newby 13y ago
> Its very much like a stealth interest rate cut, with pretty much identical effects.
No, it's even better. The basic income can create an effective negative interest rate without giving the bankers an infinite Santa Claus, and most of the money will turn the crank of the consumption machine instead of being parked in safe havens.