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RE: What Would Happen if Everyone Were Given 1 Million Dollars?

in #money7 years ago

But there are studies out there that giving everyone unconditional basic income (enough to eat three times a day and live minimally) can actually increase overall economy and not inducing inflation.
This is because those people is suddenly free of worry about food and able to be creative in their lives, thus productive as optimum as possible, thus increasing economy.

Sort:  

Theory vs practise.

economics are not science and nobody can predict mass human behaviour.

Do not expect their view to change. The author is just a puppet, pushing the status quo. I doubt they're even people.