WHAT HAPPENS, ECONOMICALLY, AFTER AN UBI IS STABLISHED?
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let's say we can really distribute, from money we already collect, the sum for a minimum wage or even higher basic income, say - fifteen hundred dollars per month, while also keeping essential services still fully tax funded as is of the present, or even with arguable concessions, such as salary reductions for high-earning workers, like doctors, politicians, lawyers...
what would happen economically? theoretically inflation wouldn't increase because the money was not being printed or inserted into the system. would people feel motivated to work? what would exactly happen?
please help me biz bros i want to be a future politician and help people.
what would happen economically? theoretically inflation wouldn't increase because the money was not being printed or inserted into the system. would people feel motivated to work? what would exactly happen?
please help me biz bros i want to be a future politician and help people.
