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To: beaversmom

Stupid. Where does the money come from?
The moment you give everyone $1,000, $1,000 equals zero.
Now, $1,000 is what you get for zero effort. So, a slightly bigger effort yields more than $1,000, whereas, before, it yielded just over zero.

Soon, the 1,000 becomes worthless since all prices have risen to match the increased demand, and the exercise is a failure.

That won’t stop leftists, who will say that $1,000 wasn’t enough.


11 posted on 04/18/2016 5:38:11 PM PDT by I want the USA back (The further a society drifts from the truth, the more it will hate those who speak it. Orwell.)
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To: I want the USA back

This a thousand times. I predict inflation will eat their income quickly and they’ll be clamoring for an increase. Money is a measure of increased value. If there is no value to your efforts then the money that represents it is of no value. I can’t believe that even Friedman would overlook this basic element of economics.


18 posted on 04/18/2016 6:47:08 PM PDT by DeltaZulu
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