> The events of the past 2 years have convinced me that even a small UBI can still have a large effect
Can you expand on this. What events have convinced you? Fwiw I'm trying not to be an idiot ;)
Can you expand on this. What events have convinced you? Fwiw I'm trying not to be an idiot ;)
We truly made lemonade out of life's lemons, turning 2020 and 2021 into better years than 2019 or poorer Americans.
It's beautiful that this happened, and yet it's super frustrating had we done the same thing in 2010 or so, we could have prevented much of the lousy growth and other malaise of the past decade.
So yes, pretty dramatic efffect from just a little bit of cash printed into the right hands. (As opposed to regular monetary policy which is far more complicated in its effects, and doesn't seem to work very well at all.)