[citation needed]
Comment on Gold
zr0@lemmy.dbzer0.com 2 weeks ago
Which is the exact reason why a free base income just increases the prices, devaluates the currency, increasing the inflation rate, making every other currency more expensive. So you only lose.
LeFrog@discuss.tchncs.de 2 weeks ago
Lyrl@lemmy.dbzer0.com 2 weeks ago
If economies were only about hard assets, sure. But human work is a big part of modern economies, and a free base income lets more people pay others for services. It takes time for entrepreneurial-minded people to spin up businesses and grow the economy to absorb the increased income, but done in a thoughtful ramped manner, cash payments have net positive effects.