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by asdff 1389 days ago
I think it would. There exists at least two economic systems in a country, the capital economy and the productive economy. The capital economy represents assets and wealth that aren't involved in day to day things. Inflated property values, portfolios of gold holdings, etc. The productive economy is the one where most people participate in with daily life. Its' the $7 you hand to a worker to transmute into a sandwich. The $80 a wage earner gets paid over a shift that is mostly parted out to things like groceries and rent.

Universal income promises to tax the capital economy and shift that money into the productive economy. In effect, you are taking gold that previously was sitting idle underneath the sleeping dragon and returning it to the village, increasing the real productive money supply by taking money that's just being sat upon and using it for real productive use.