U.S. socialism has the opposite impact as it increases money supply while decreasing the wealth gap at the same time. As a result, prices are likely to rise as the middle class spends. Some blame the U.S.’s failed monetary policy on an uncontrollable money supply that led to hyperinflation among middle class. Table of contents
Does Ubi Cause Inflation Yang?
Andrew Yang’s proposed UBI will not lead to inflation. Would Universal Basic Income Raise Prices? In addition to the economic implications, UBI can be an important policy to consider. Study results show that, in addition to an increase in […]
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