Comment by atweiden

> The alternative is to have your boss decide for you when he wants to fire you

Just for fun, I thought I’d do the math on deflationary economics:

    #!/usr/bin/env raku
    use v6;

    multi sub deflate($n, $r, $y)
    {
        my $m = $n;
        loop (my $i = 0; $i < $y; $i++)
        {
            $m = deflate($m, $r);
        }
        $m;
    }

    multi sub deflate($n, $r)
    {
        $n * (1 + $r);
    }

    sub MAIN(:$rate = 0.0225, :$years = 10)
    {
        my $purchasing-power = 1;
        my $deflate = deflate($purchasing-power, $rate, $years);
        my $output = qq:to/EOF/.trim;
        After $years years of deflation at a rate of {$rate * 100}% per year,
        purchasing power is {$deflate * 100}% of what it was initially.
        EOF
        $output.say;
    }

Without inflation, your personal wealth would grow by the average inflation rate target plus GDP growth, compounding each year.

Assuming an average inflation rate target of 2% per year (per the Fed) and an average GDP growth rate of 0.25% per year, your real purchasing power would grow by about 25% per decade.

Under this scenario, you could mimic a universal basic income of $1000 per month upon saving a total of $480,307.

Bonus: your monthly “UBI” could never be shut off by your government.