UBI is fucking retarded
You will have to keep on raising the rate of income as prices go up
Prices go up due to more money being in a market
Which usually leads to inflation
Then you get fucked
Dumbass bernie tier faggots read a goddamn econ 101 book for once hahaha
Sage, report and hide.
nice argument
you're absolutely right op
that's why we need a global communist revolution to abolish markets and capitalism
Raising wages is fucking retarded
You will have to keep on raising the rate of income as prices go up
Prices go up due to more money being in a market
Which usually leads to inflation
Then you get fucked
Dumbass bernie tier faggots read a goddamn econ 101 book for once hahaha
we know
u really coaxed us into a snafu this time
Inflation would not be any larger than it is with current floating currencies. Economy still would go trough cycles of booms and busts(even deflation) effecting the prices and markets in a way that would not cause hyperinflation.
Yeah its retarded when the money is coming directly from the government dumbass
You understand how circulatin of money works in an economy right?
Employers already have that money in the market so prices wont go up if they can AFFORD to pay them higher wages
Fucking RETARD
That legitimately is retarded
You assume that inflation won't go up just because other currencies are """close"""" to competing in a macro market?
I'm talking the sole currency of a nation. It's completely delusional, because you will eventually have to start printing money to keep up with the "basic" in basic income
Saying it will do nothing and cause deflation is like saying that if you put a nail in your skull you will get smarter because you have more iron in your bloodstream