Re:Mark Zuckerberg Calls for a Universal Basic Income
by rukittenme on Friday May 26, 2017 @12:11PM
(#14425048)
They're not. QE devalues all dollars equally. Wealth redistribution targets high income people to the benefit of low or no income people.
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Re:Mark Zuckerberg Calls for a Universal Basic Income
by splintercell on Friday May 26, 2017 @12:44PM
(#14425387)
QE devalues all dollars equally, but then who receives that wealth? Do all people receive that wealthy equally? Do poor receive that wealth? Do rich people receive that wealth?
Because that money is eventually spent by the govt, whomsoever receives that wealth gets the redistribution of wealth from everyone to them.