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General Discussion

applegrove

(118,696 posts) Tue Dec 1, 2020, 02:29 AM Dec 2020

2

Would basic income instead reduce the inflation union wage rises would [View all]

Last edited Wed Dec 2, 2020, 01:27 PM - Edit history (2)

cause? You know because a country can handle a much bigger debt if inflation is low. Which is good and needed now. I'm trying to think it through but can't.

Edited: If basic income is less inflationary than wages you could do that for the poor and working class, have union wages for the middle class, and the rich do what they do why paying appropriate taxes.

9 replies

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Would basic income instead reduce the inflation union wage rises would [View all] applegrove Dec 2020 OP

I see the savings from administrative costs as a big plus. Mopar151 Dec 2020 #1

Yes. That goes without saying. applegrove Dec 2020 #2

The Threshold for side money needs to be high. Mopar151 Dec 2020 #3

Wages have lagged far below increases in Voltaire2 Dec 2020 #4

Not Sure There's Evidence That... ProfessorGAC Dec 2020 #5

indeed. Voltaire2 Dec 2020 #6

When wages were going up and inflation, government used to up interest applegrove Dec 2020 #7

Again, Scant Evidence ProfessorGAC Dec 2020 #8

Since we are in a depression we have to worry about deflation not inflation. Demsrule86 Dec 2020 #9

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