LogFAQs > #886011793

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TopicNew study suggest that every US citizen should receive a '$1000' handout...
pionear
09/04/17 3:03:15 PM
#28:


Zeus posted...
When people can afford to spend more, prices seem to go up. The system is kinda weird like that...


Well, it all depends on what they are spending the $$$ on...like I've said before, an extra $1000 isn't that big of a spending bump for most. You think by adding more $$$ to the economy (via consumer spending power) will entail inflation. inflation really only happens when certain goods become scarce and no economic growth.

wolfy42 posted...
I think I could get behind that,wolfy42. Something needs to be done about prisons for sure.


Honestly, this is a whole other topic, but Prisons nowadays is pretty much the new 'Slave Labor' system. And in a Capitalist economy, it needs a tier of the population in a state of being 'poor' and 'disenfranchised' in order for the rest to prosper.

this sounds like it would completely decimate the economy

Really? Now if it was giving every US citizen $100,000, then maybe, but c'mon, $1,000 dollars isn't that much money...
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