this post was submitted on 19 Feb 2025
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I always found it funny in the mid-2010s when the central bank was struggling to meet inflation targets why nobody seemed to suggest UBI could help fix that... seems to me that giving people money directly is at least as stimulating to the economy as dropping interest rates. Difference is one benefits capitalists, while the other benefits the working class...
maybe they should allow us to do fractional reserve spending to invent new money ;)