Re:Granting Pardon for the Offense of Simple Possession of M...
by cudgy on Sunday October 09, 2022 @03:58PM
(#33144652)
Student loans provide some evidence whereby tuition rates increase as student loans flooded the college market.
Another example is hyper-low interest rates (essentially increasing money supply), which are largely responsible for the inflation of housing which is a major portion of inflation for consumers.
Therefore a better way to handle UBI (which I believe may be needed by the way) is to gradually phase it into the system to avoid shocks like giving everyone $10,000 all of a sudden. There would still be inflation, bit it would hopefully be less dramatic.
Another example is hyper-low interest rates (essentially increasing money supply), which are largely responsible for the inflation of housing which is a major portion of inflation for consumers.
Therefore a better way to handle UBI (which I believe may be needed by the way) is to gradually phase it into the system to avoid shocks like giving everyone $10,000 all of a sudden. There would still be inflation, bit it would hopefully be less dramatic.