News for hackers. Stuff that matters.

A comment on Universal Basic Income Is Superior to a $15 Minimum Wage (2019). Parent comment

Re:Universal Basic Income Is Superior to a $15 Minimum Wage ... by imtringued on Saturday January 30, 2021 @05:54PM (#25973858)
UBI is the wrong tool to solve inequality because there is already an existing tool for that. It's called inflation.
[ Parent | on HN ]
Re:Universal Basic Income Is Superior to a $15 Minimum Wage ... by reader_mode on Sunday January 31, 2021 @12:33AM (#25976328)
Inflation is the best tool to create inequality - rich people are always closest to the money source.
[ Parent | on HN ]