Basic income campaigner Ben Simmons examines claims that it could cause problems for inflation
ONE of the most common objections to a basic income is that it would increase inflation. Many people remember from history lessons at school the photos of children playing with huge piles of bank notes in East Germany, but it is essential that we confront the idea that introducing an equitable and fair welfare state would lead to economic disaster if we are to win people over.
There was a recent debate on the matter between economists of differing views, as reported on the Basic […]
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