• AllonzeeLV@lemmy.world
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        11 months ago

        That’s just called being insatiably greedy, antisocial, profiteering, opportunistic sociopaths “Rational Self-Interest!”

        We have always been at war with Eurasia, after all.

    • EspiritdescaliOPMA
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      11 months ago

      UBI is a redistribution of money, not a creation of money. The net total is the same, so in theory there is no inflation.

    • AllonzeeLV@lemmy.world
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      11 months ago

      Don’t worry, the Fed Can just incentivize laying off workers again if the benevolent, job creating dragons start getting concerned about the value of their hoards, or if laborers gain too much leverage against the owners again. They’ll protect the economy from the people and society it’s supposed to be a mere, lowly tool to serve by facilitating distribution of goods and services.

      Protect whims of that tail from that mean old dog!

    • markr@lemmy.world
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      11 months ago

      Why? Because of increased demand for goods and services? That might cause a minor blip while production adjusts. Oh you mean that the government would run a deficit? We’ve been running massive deficits for decades, basically since WW2 started. Inflation is demonstrably independent of those deficits.

      • Possibly linux@lemmy.zip
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        11 months ago

        If you add more money to the economy that means the value of each dollar goes down. Its all about economic scarcity

        • AllonzeeLV@lemmy.world
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          11 months ago

          economic scarcity

          Yeah like when they make sure food gets thrown away instead of being given to hungry poor people. That would devalue the food after all, can’t have that, so starve you fucking poories.

          Yeah, lets keep this inhuman shitshow going.

          • Possibly linux@lemmy.zip
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            11 months ago

            All of the food from grocery stores that isn’t sold is donated to charity. The store gets a tax break and the homeless get a meal. It isn’t quite enough as we still rely on donations but its helpful.

        • wahming@monyet.cc
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          11 months ago

          The money isn’t appearing out of nowhere. It’s being redirected from other sources and programs, especially existing social welfare systems.

    • LoamImprovement@beehaw.org
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      11 months ago

      More massive than we’re already experiencing because practically every major corporation decided to jack up prices based on the fact that bigger numbers exist?

    • Willy@sh.itjust.works
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      11 months ago

      that’s not how inflation works. or central banking. or whatever you mean.

      Can you elaborate? do you think California is creating money to do this?