Re:The U.S. Yield Curve Has Inverted
by anticensor on Tuesday December 04, 2018 @03:53AM
(#18597615)
For demand control reasons. Money printing can only control supply. The alternative is central bank becoming the basic income supplier, with no abilities to control demand.
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Re:The U.S. Yield Curve Has Inverted
by anticensor on Tuesday December 04, 2018 @01:57PM
(#18602497)
The states, which have a central bank, a taxing buro and a government-owned lottery together, do have the necessary instruments to distribute UBI with a suitable demand control mechanism, with just a re-legistlation and re-organisation. US lacks the last one, hence lacks the instrument to do the demand control without debt control nand excessive taxing.