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A comment on We Need a Basic Income Guarantee. Parent comment

Re:We Need a Basic Income Guarantee by ams6110 on Sunday September 01, 2013 @05:52PM (#6312322)
Do you actually imagine that wealthy people are like Scrooge McDuck with a vaults full of cash in the basement, just sitting there, "doing nothing"?
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Re:We Need a Basic Income Guarantee by cheald on Sunday September 01, 2013 @06:36PM (#6312463)
Quite the opposite. I was saying that I suspect that most people keep their money in circulation, if for no other reason than to negate the effects of inflation. I was saying that if the Scrooge McDuck model were the case then increased taxes from BI would cause inflation, but I don't believe that's the case.

> I don't think that very much of it at all is genuinely out of circulation which could otherwise be brought into circulation through BI taxes

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Re:We Need a Basic Income Guarantee by vasilipupkin on Sunday September 01, 2013 @06:47PM (#6312501)
Unfortunately, I think a lot of people believe that.
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