Printing Money For UBI

[Smitty-48]

I'd rather hand the cash straight to main street rather than having it piling up in the bank vaults.

[Speaker to Animals]

If you literally print money and pass it out equally, nobody's situation improves. Prices go up. You are just saying you want inflation.

[Smitty-48]

If people are not as dependent on credit you can raise interest rates.

[Smitty-48]

It's not a moral hazard free libertarian paradise now, you're already printing the money and handing it out to people who don't work, those people are simply bankers.

[Speaker to Animals]

Dude, you cannot fund a UBI by printing money. It literally has no effect but inflation.

[TheReal_ND]

UBI isn't layered on top of existing gibs. You already print money for gibs seekers.

[Smitty-48]

I never suggested funding it by printing money. Merely pointing out that the method being used now to try to get money to the American people, is money printing for the banks and no others.

I'm fine with raising taxes, $21 trillion debt, time for people to be paying some more taxes, obviously.

[Kath]

I put a lot of stock in intellectual honesty

I lol'd.

[Fife]

GenX working America: Wew lads, we need to finally sober up fast!

MillenialSuperBoomers: Here, drink this bottle of Everclear.

[Martin Hash]

Smitty gets it.