Re:Why we should all have a basic income
by DougN7 on Tuesday January 24, 2017 @05:55PM
(#13476550)
I wasn't saying the article said printing presses would be used. But taking money that wasn't being spent (all that money corporations and the rich have stowed away) and giving it to people that will spend it is equivalent - lots of money that's not in circulation entering circulation. You end up with more money in circulation either way, with the ramifications that come with it (inflation).
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