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0 pointsRetric9y ago0 comments

Money is not being created from thin air so why would you think there was inflation?

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Actually, it is. States/Central Banks can print money as they wish. Go be more exact: printing isn't even necessary, money nowadays is barely more than a replicated database entry.

rwmj9y ago

But that has nothing to do with UBI. All the UBI schemes proposed get the money through general taxation of some kind.

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anonyfox9y ago

Actually, it is. States/Central Banks can print money as they wish. Go be more exact: printing isn't even necessary, money nowadays is barely more than a replicated database entry.

rwmj9y ago

But that has nothing to do with UBI. All the UBI schemes proposed get the money through general taxation of some kind.

j / k navigate · click thread line to collapse