Gregory's Server@RoboRev @scottsantens it's the second question/answer in the FAQ here: https://www.scottsantens.com/basic-income-faq/
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 Money supply isn't what's causing today's inflation. What's causing today's inflation is price fixing and insufficient competition. In a properly functioning economy, businesses (including landlords and grocery stores) set prices based on what their competitors will let them get away with. In today's economy, there are no real competitors, and businesses instead set prices based on what customers can afford. Unless and until that problem is solved, UBI won't work. Because I already replied to that person elsewhere in this thread. Is that a problem? |
@piebob @scottsantens oh I didn’t know this resource existed! Thanks for linking it to me