6 ms·
If we assume that $10,000 for every person would instantly cause exactly that much inflation (which I don't think is a settled question), then the net effect wo
by bvk 13y ago
If we assume that $10,000 for every person would instantly cause exactly that much inflation (which I don't think is a settled question), then the net effect would be a transfer of wealth from people with more than the average amount of money to those with less than the average amount of money.
I don't think we can dismiss that out of hand. It seems like a pretty bog-standard social welfare program.