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Title: Fed President: We Should Have A Discussion About Guaranteed Basic Income
Source: [None]
URL Source: https://www.zerohedge.com/markets/a ... -about-guaranteed-basic-income
Published: Jan 13, 2021
Author: Tyler Durden
Post Date: 2021-01-13 21:02:25 by Horse
Keywords: None
Views: 47
Comments: 3

"The guaranteed basic income discussion is an important one. I think that conversation is one we should continue to have and think about."


Poster Comment:

Won't work. Lockdowns and money printing increased the M1 Money Supply 90% in one year. Can't do that forever. We will reach a point where a 10% increase in the M1 Money Supply will increase inflation 20%. At that point inflation will inflict twice as much pain on the working class as the free money will benefit them.

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#1. To: Horse (#0)

There’s no such thing as free guvmint cheese!

Ira Freeman  posted on  2021-01-13   21:52:45 ET  Reply   Trace   Private Reply  


#2. To: Ira Freeman (#1)

I've tired of paying for other peoples' shit.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2021-01-14   1:33:31 ET  Reply   Trace   Private Reply  


#3. To: Horse (#0)

With this they would have almost total control of the sheeple.

Darkwing  posted on  2021-01-14   8:03:18 ET  Reply   Trace   Private Reply  


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