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Implementing universal basic income could cut poverty rates up to 40%: PBO (www.thestar.com)

submitted 3 days ago by [email protected] to c/[email protected]

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[–] [email protected] 9 points 3 days ago (1 children)

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...

[–] [email protected] 1 points 3 days ago

maybe they should allow us to do fractional reserve spending to invent new money ;)