Re:Germany begins 3-year universal-basic-income trial
by chordalkeyboard on Wednesday August 19, 2020 @04:41PM
(#24216127)
that increases the consumption of resources while reducing the incentive to create more.
Re:Germany begins 3-year universal-basic-income trial
by missedthecue on Wednesday August 19, 2020 @05:57PM
(#24217194)
What do you think rich people do with the money they don't use to consume with?
Taxing the rich, who have a lower marginal propensity to consume and consume locally, and transferring to the poor, who have a higher marginal propensity to consume and to do so locally, increases the local velocity of money.