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A comment on Jack Dorsey is giving Andrew Yang $5M to build the case for a basic income. Parent comment

Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by Aperocky on Thursday May 21, 2020 @07:18PM (#23266760)
> without proper price controls

US government injected about 3 trillion worth of liquidity into the country since the start of the coronavirus, similar to how UBI of $1000/month to every single adult would cost. And did you see any price rise?

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Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by twblalock on Thursday May 21, 2020 @07:29PM (#23266867)
Right now consumer spending is way down because people can't or won't leave the house, and millions of people are unemployed. Injecting 3 trillion into the economy in normal circumstances would of course have a different effect.
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Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by mars4rp on Thursday May 21, 2020 @07:31PM (#23266895)
Corporations already got most of the 3 trillion!
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