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Yes, that is a pedantic statement :). The number will never actually hit zero, largely because the brief statement I wrote here is a drastic oversimplication o
by downandout 13y ago
Yes, that is a pedantic statement :). The number will never actually hit zero, largely because the brief statement I wrote here is a drastic oversimplication of how currencies are valued. But it doesn't change the underlying statement - the basic income will be pretty useless after a relatively short amount of time.
- nano_o 13y agoNot really, if the total amount of money does not change, then the worth of the basic income would not converge to zero. Am I missing something obvious?