It's typical honey speak. Yes it would grow the nominal gdp but I doubt it would have a meaningful effect on real output. All companies and landowners will just inflate their prices
YOU ARE WELCOME
To all Yas Forumsyards who are confused google the following terms.
Multiplier effect
Money velocity
J o h n M a y n a r d K e y n e s
Milton Friendman.
Both economists on the left and right agree UBI is a pretty based idea.
Something needs to be done about combating coronavirus infection rate before considering this, so people will actually go do and buy shit
It is like arguing with a toddler.
>wealth/resources comes from the vacuum
>ex-nihilo
sorry to burst you bubble
you need to find out some time
They mean 2.5 tril more worth of spending. No added value from recurculating and printing money.
We are already at 24 Trillion. What's one more to stoke the economy and keep kids from ending up on the streets.
Fuck Wall Street. Fuck Billionaires. Its our turn to get bailed out.
Sounds like great news. Always wanted to get enough of it that I could build pyramids.