Re:Robots Rule at Swiss Factories as Strong Franc and Wages ...
by GrinningFool on Friday February 17, 2017 @03:58PM
(#13671657)
I'm not sure this is so. Presumably this is offset by tax increases- which means no new money is injected into the system. Instead, it's a literal redistribution lf existing money.
While there might be some inflation as the supply of money available to those with low- to median income increase spending, I don't think it would be sufficient to offset the base change.
On the other hand you would need to significantly increase taxes on upper-middle+ brackets to ensure no new money is introduced. After all they receive BI under this system too, which they'd effectively have to pay back and then some....
While there might be some inflation as the supply of money available to those with low- to median income increase spending, I don't think it would be sufficient to offset the base change.
On the other hand you would need to significantly increase taxes on upper-middle+ brackets to ensure no new money is introduced. After all they receive BI under this system too, which they'd effectively have to pay back and then some....