"UBI or stfu."
"for the love of god, let's stop prioritizing saving "jobs" th"
Printing money does not create value and we will generally suffer reduced standard living, some worse than others at least over time.
In the long run, the real economy creates vast consumer surpluses which are generally not even really accounted for. We are actually quite a bit richer than we were a generation ago.
'Direct Stimulus' might be better in the very, very short term to stave of serious harm, but in the 'mid term' it can be destructive, and in the long term it will absolutely be destructive.
Since the first wave of COVID in Canada, a lot of industries have been trying to open, but people have preferred to take their 'CERB' (direct payments) than work, which has accounted for reduced service and is one of the key drivers of inflation.
UBI payments are worthless if there's nobody to stock the shelve and nothing to stock them with.
"for the love of god, let's stop prioritizing saving "jobs" th"
Printing money does not create value and we will generally suffer reduced standard living, some worse than others at least over time.
In the long run, the real economy creates vast consumer surpluses which are generally not even really accounted for. We are actually quite a bit richer than we were a generation ago.
'Direct Stimulus' might be better in the very, very short term to stave of serious harm, but in the 'mid term' it can be destructive, and in the long term it will absolutely be destructive.
Since the first wave of COVID in Canada, a lot of industries have been trying to open, but people have preferred to take their 'CERB' (direct payments) than work, which has accounted for reduced service and is one of the key drivers of inflation.
UBI payments are worthless if there's nobody to stock the shelve and nothing to stock them with.