Re:What If Andrew Yang Was Right?
by atq2119 on Tuesday March 17, 2020 @05:11AM
(#22603079)
Unfortunately, many people equate "printing money" with inflation, which is too simplistic.
That said, all those monetary grants could lead to excessive demand which leads to inflation, especially in sectors of the economy that are not competitive. Whether it actually would lead to inflation and, more importantly, to how much is a question that needs to be answered empirically.
That said, all those monetary grants could lead to excessive demand which leads to inflation, especially in sectors of the economy that are not competitive. Whether it actually would lead to inflation and, more importantly, to how much is a question that needs to be answered empirically.