Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Money is not being created from thin air so why would you think there was inflation?


Actually, it is. States/Central Banks can print money as they wish. Go be more exact: printing isn't even necessary, money nowadays is barely more than a replicated database entry.


But that has nothing to do with UBI. All the UBI schemes proposed get the money through general taxation of some kind.




Consider applying for YC's Winter 2027 batch! Applications are open till November 2.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: