start=”1″> For the most part our governments are not giving these people our money they are giving these people money they borrowed against the national debt. Debt in many instances is inflationary.
What Friedman proved is that inflation is caused by money supply and only money supply. This government program sounds a lot like supplying money to me.
How is it worse than welfare? Do you acknowledge that welfare represents a much greater disincentive to work? Are you also aware that what studies have been done of basic income schemes show that the impact to workforce participation […]
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