@x0x7 to Ask Lemmy • 2 days agoIf we took all the gold owned by the US government and distributed it evenly would this be a positive thing to do?message-square15arrow-up118arrow-down18file-text
arrow-up110arrow-down1message-squareIf we took all the gold owned by the US government and distributed it evenly would this be a positive thing to do?@x0x7 to Ask Lemmy • 2 days agomessage-square15file-text
minus-square@[email protected]linkfedilinkEnglish2•1 day agoSure you’d see a general increase in net worth, but it would be exactly matched by the inflation of raising everybody’s net worth by the same amount.
minus-squareArchRecordlinkfedilinkEnglish3•1 day agoNot necessarily. Similar economic circumstances due to various implementations of UBI generally don’t result in inflation equivalent, or even near the level of money distributed.
Sure you’d see a general increase in net worth, but it would be exactly matched by the inflation of raising everybody’s net worth by the same amount.
Not necessarily. Similar economic circumstances due to various implementations of UBI generally don’t result in inflation equivalent, or even near the level of money distributed.