... i mean the government printed like 4trillion bucks for bank bailouts with no inflation

untrue.

it's untrue because it can't be true, if i were to guess they have locked down intrest rates to stop that inflation, but that also means that basic saveings is earning nothing.

or did you also forget that the banks do give an interest rate to people storeing money in saveings?

How in the world do you add money into circulation without creating inflation.

you don't or you find someplace to offset the inflation.

thats the point, you're not adding new money using a UBI, you're using money thats already circling our economy.

did you figure out how much you spend in a month/weak?

That question wasn't about UBI though

>government printed like 4trillion bucks for bank bailouts with no inflation
That is impossible

The law of supply and demand cannot ever be broken, it always works.

More money in circulation = currency loses value, because as supply goes up, demand must also go up so that inflation doesn't happen. If demand remains unchanged, inflation must happen. Ergo currency loses value.

as sure as the laws of exchange, you can never get more out of a system then you put into it.

were getting into some complicated economics here, im not completely sure how quantitive easing works.

i'm gonna guess "it doesn't"

yeah you could guess

or you could do research

find out

i probably will

you are the one makeing the claim that it IS working, so it's on you to find the proof.

ok i figured it out, took me longer then it should have, but if you spend more then $120,000 per year in VAT taxed items you are not gonna come out on top form your UBI plain, (assumeing nothing else in the economy changes)
that's an avrage of $2,500 perweak.

and don't forget, you also just rased all of your costs %10 by adding the VAT.

so this will be fine for people who have nothing and are only getting the "free" $1,000.
but anyone else is gonna take a much bigger hit then you think.

i could explain it bit by bit for over several hours, or you could do the research yourself, heres a good link to a study i found enlightening on the subject. https://rooseveltinstitute.org/wp-content/uploads/2017/08/Modeling-the-Macroeconomic-Effects-of-a-Universal-Basic-Income.pdf

don't care to do the research myself.

I want you to tell me something i'm not gonna expect form this plain.

thats ok

you are the one in support of this plain after all.

trump loves the poorly educated

and clearly so does yang.

UBI is not gonna work like you think it is, and I know that because I know the basics of how money works.

yes, i am in support of UBI, but im not in support of staying up past my bedtime, i have to get up at 4 tomorrow.

gnight man, youve got some reading to do

quantitative easing didn't produce lots of inflation because banks just held on to the assets they got as excess reserves

ok, then you can head to bed.

"i know the basics of how money works" says the guy who didnt know what a VAT tax was lmaop

I don't know what it taxes, because I don't have it.

The funny thing is that when $1000 is no longer a viable option what are you going to do then raise it to $1001

you also didn't say what it was, you just linked a wiki page about it.

near as i can tell VAT is just a tax on all goods and services, but done in a complex way so it's not as clear what you are paying in taxes on an item.

So after reading it basically Another type of Sales tax that tax the entire production and sale of the Good and Service