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[–] 1 point 1 month ago

printing money and donating it to the people would cause inflation but it's still good.

here's why:

company A owns $3k, while people B, C, D have $1k each.

now let's give another $1k to B, C, D. now there's more money in circulation, name $9k in total instead of $6k. So the dollar is only worth 66% as much as it was before. Let's calculate wealth of each participant in terms of previous value:

  • company A: $3k * 0.66 = $2k
  • person B, C, D: $2k each * 0.66 = $1.33k

so people have more wealth than before (at the expense of companies)

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