Re:UBI Would Likely Increase Poverty Rather Than Reduce It (...
by lovich on Monday October 10, 2022 @06:32PM
(#33157161)
They were already poorer than their parents when it comes to basics like home ownership or being able to afford children when we did nothing. Is the correct approach just to accept serfdom?
[ Parent
| on HN ]
Re:UBI Would Likely Increase Poverty Rather Than Reduce It (...
by adam_arthur on Monday October 10, 2022 @07:40PM
(#33157679)
The correct approach is to let the economy grow organically without artificially low rates or high deficit spending, and not treat marginal declines in asset pricing as a crisis.
The bubble has already been created at this point, no avoiding it now.