5 ms·
First point: Inflation doesn't profit anyone, and it isn't strictly necessary, just hard to avoid. Handing out money that then, because of the hand out, loses a
by raelmiu 13y ago
First point:
Inflation doesn't profit anyone, and it isn't strictly necessary, just hard to avoid. Handing out money that then, because of the hand out, loses a large portion of its value is not redistribution of wealth, but only paper.
Second point:
Trivial? It has never been done so far. No government has managed to do this yet, it's the main source of inflation today.
Third point:
It is different in that it's recurring instead of a one time hand out. The problems still remain. But the idea of "citizen pay" is not a new one. The problems remain: logistically difficult. Economically inflation removes the "wealth" being redistributed so people end up with nothing. Socioeconomically it removes pressure to invent wealth generating enterprises.