Re:/r/antiwork: A tragedy of sanewashing and social gentrifi...
by sa1 on Tuesday February 08, 2022 @12:19PM
(#30261225)
> if you give everyone a free $10 everything becomes $10 devalued.
Inflation happens, but the poor benefit much more, as their gains from UBI(as a percentage of their existing income) are more than the loss through inflation.
For rich people, the loss can be more, but this is how inequality is reduced.
Inflation happens, but the poor benefit much more, as their gains from UBI(as a percentage of their existing income) are more than the loss through inflation.
For rich people, the loss can be more, but this is how inequality is reduced.