Quote:
Originally Posted by Barry-xlovecam
It would make more sense for India to have a UBI of $22 a month -- an expanding economy, with few social benefits, could absorb the costs.
Western economies are near stagnant growth -- pumping in free money and creating more deficits and debt will not welcome new prosperity.
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Hmmm. That's really well said.
I bet it gets used, at least in the USA, since QE was a failure and NIRP (Negative Interest Rate Policy) has now been shown also to be failing wherever they've been implemented it around the world. The question is what form will the "helicopter money" take?