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UBI Cash Payments Reduced Homelessness, Increased Employment in Denver (www.businessinsider.com)
submitted 3 years ago by [M] to c/worldnews@lemmy.ml
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[–] 12 points 3 years ago (3 children)

To be fair, this isn't that far away from the economic theory underlying using interest rates to manage inflation - it's just phrased in a different way.

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  • [–] 5 points 3 years ago (2 children)

    That's the problem with fractional reserve banking it's making up money for those who lend theirs. It's about extracting value from those who work for those who accumulate. It's not a tbf, it's a this is also an issue in every area of our society.

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