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RE: The End Of Jobs... UBI

in #busy5 years ago

Central banks have basically run out of tools to fight the next financial crisis. Quantitative Easing went to the banks and the 1%.

Interest rates are already low. Other than going negative (insane BTW) like some sovereign debt, there’s not much they can do on that front.

The next time a financial crisis hits (another year at most?) , they’ll resort to helicopter money. They won’t call it UBI, but the effect will be the same.

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