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On a small scale UBI has been shown to work. In the United States There are 902 individuals who collectively hold 6.7 trillion dollars.
There is no way to imagine its doing the same good sitting in their portfolios as it would if it was passed out into the hands of the working class. 20% off the top wouldn’t change their lifestyles at all and would be a huge shot in the arm for the economy. Middle class, lower class, blue collar people spend money into the working economy.
What do you think would be the effect of the increased demand for consumer goods caused by handing out money to people who would immediately go and spend it all?
You think it might effect prices at all?