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by SubiculumCode
2226 days ago
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UBI is not socialism. In fact, it is more of a libertarian policy where choices are made by individuals. Keeping people from falling off economic cliffs is likely to be more productive than letting them become homeless for the rest of their lives. That productivity offsets inflation risks. Technology and automation increases offset inflation, because they make us all more productive. |
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Either you have to raise taxes sky high or you start printing money like never before. Both are poor options.