[anon-3988]

I think OP is saying that the creation of high paying useless job is causing the bulk of the money that exist in the system to not mean much. Which is why we have inflation, because the increase in the amount of money does not scale with the amount of "value". Imagine if government is spending half of the money printed to people staring at walls. This would naturally double the inflation because it requires double the amount of money to produce the same amount of "value".

So the government is pumping money, but is not getting the desired signal, so it pumps more money.

[mcv]

Only if those people are actually required to stare at walls for that money. Because having received money, they will want to spend it on stuff, which creates demand. Only when that demand can't be met because people are required to stare at walls instead of creating value, do prices go up and cause inflation.

So there's another reason to replace welfare with UBI. Seems every discussion leads to that these days.