what would be the economic effects of giving every American $1000/month?
$1000/month
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it still wouldn't be enough to live off of in most states.
Massive inflation, devaluation of currency
Ask Venezuela, seems to be working fine for them.
Imo people will feel less stress financially and as a result will be less angry day to day
Leftists off to the local government operated market place to purchase their daily ration of bread with their government money, circa 2020
Reporyed
Complacency of the underclass, lowering of standard of living, rich exodus to some extent. All bad.
ONE WORD
2080ti MSRP $999.00
Forgot pic
Gibs are for niggers.
Cant wait till Trump comes out and calls young people idiots for wanting 1000$ a month and how he is getting the wall finished.
> Massive inflation, devaluation of currency
Yep. Even if they did print out over a trillion bucks a year to give people which is an outrageous sum.
But I never thought it was about that.
I thought it was just about trolling Trump's fucking kike smooching ass.
Probably wont change much in the medium to big cities, i expect a lot of people are gonna flock to low cost flyover states to get the most out of their neetbux so its gonna be shit for the people who live there
Depressing. It's a consolation prize.
"Hey, you can never get a job or accumulate wealth or be upwardly mobile or even a productive member of society. Here's $1,000 so your new technocrat overlords don't feel guilty. Kthxbye"
At that point, what's the reason to live? You're a permanent member of the underclass. You'll never be able to improve your lot in life.
Foreigners, like myself, would drop their American investments. Your stock market would collapse because we'd be afraid of holding anything in your currency.
The net result would be collapse.
Has yang addressed the issue of inflation? Money for nothing has to inflate the currency at higher rates. Inflation would be good to fuck over banks, and we are a nation of debt slaves. some inflation would be good.
Massive inflation and the further devaluing of the cost of labor. Oh and you’ll still be poor white trash because you’re stupid and lazy.
>what would be the economic effects of giving every American $1000/month?
Hyperinflation. People toting UBI in any form don't understand economics.
Everyone could get bread with their circuses. Long bread. Also people would be more willing to vote or be involved in politics as they see direct affect to their pocketbook after a few years of receiving the money.
Daily reminder that the yanggang discord btfo Jow Forums gangers (dont ask me for the discord link, I won't share it)
Just fucking do it already. I'm ready to jump on the gibs train, we're already fucked. I'm going to buy so much marijuana with an extra 1k it'll make Yang's yarmulke spin.
This
it would completely fuck the economy, like socialism on steroids
It should be only for people who hold down a full time job. You can't just be unemployed or working at burger king and get free money.
You dumb fucker. If that $1000 shit happened, that card will go up to $2000 because $2000 - poorfag welfare = KYS
I'm still guaranteed to get it you stupid fuck. Eat shit boomer
>Doesn't print new money to pay for
Printing money causes inflation, not redistribution. Found the 80-IQ trumpede
>thinks UBI replaces work instead of softening the blow of automated job loss
>Hurr the card will be 2000 dollars
Ok, I'll just save up for 2 months then.
Only cuckservative morons would believe that a UBI would cause inflation.
Only Dunning-Zoomers think corporations don't pass taxes along to their customers.
When everything costs 20% more you can tell yourself "that's not real inflation"
>morons indeed
Find me the study where that happened, it's not like this hasn't been done before.
they'd blow it all on GOT bluray packs. fuck american npcs. enslave them all.
The economic effects would be net zero. For a while, it would seem like you were doing better, but then the market would catch up and normalize. That extra $1000/mo would just be factored in by companies and you'll end up living the same as you did before.
wrong, brainlet. it'd go down to $500 because there'd be enough volume of sales to allow for greater economy of scale.
why do drumpftards pretend to understand economics?
being able to regurgitate "socialism bad" is not the same as possessing a working understanding of microeconomic theory.
Lol at people selling their rights and soul for 12k a year
Yang gang guys are pathetic
Yang is anti gun hope he burns in hell
I'd buy property in Mexico
i could finally afford the Jow Forums gold pass i always wanted
Yang gang are Absolute subhumans that deserve to die
reminder that you can shill #YANGGANG in public without getting punched
youll have more tweeker neighbors living 20 to an apartment
>but thats against the lease
your landlords wont care as long as they get Trumpbucks
Kys
One of THE most punchable faces ever.
Also, sage and kys
Ignore this guy, he's an antisemite.
u mad bro? you sound mad.
1000 neetbux buys a lot of lapdances.
I, and every other landlord would tripple the rent.
shut up kike
Inflation. The cost of everything would rise.
Everything would go up in price equal to eating up that free $1000.
and we'd tell you to eat shit.
you'd charge exactly what the market would bear or you'd lose your property.
You sound like a kid who can't defend himself
Eat shit I'll kill anyone trying to take my guns out
Thats not how supply and demand works tranny. With every neet getting 1000 bucks the demand would sky rocket and they would raise the price to make more money
>tiny Asian penis
lel
The thing about Andrew Yang's Freedom Dividend is that he took Looked at Negative Income Tax (hypothetically, I'm not convinced he actually knows what it is), looked at UBI, and say, no wait, I can do waaaaaay worse. He literally took what made negative income tax a much smarter system than UBI and reversed it to make a dumber version of UBI.
Local supermarket has special:
3 eggs for only $500.
I don't get the vaporwave hat,
>demand would sky rocket and they would raise the price to make more money
the more cards they make, the cheaper they can sell them while keeping the same profit margin.
again, it's cute that you think you understand econ, but there are whole textbooks full of various phenomena that occur in markets.
it's not just "HURR DURR SUPPLY AND DEMAND"
Will cause price levels to rise for specific goods still due to MPC
Probably the future, where we replace illegal workforces and slave labor with robotic niggers and literal alien slaves.
vaporwave polls high in focus groups with the youth vote
Keynesian economics is bad.
So people would still be willing to get jobs?? Even without raising minimum wage?
Where's the downside?
>ignore this guy he's a semite
FTFY
hmmmmmmm let's see. Well for me it would be awesome, because I would have an income. Not sure about everyone else. I'm pretty sure more white people will be getting money than were originally getting money. In the world of white-supremicist utilitarianism, it all checks out.
$1000 a month+no more shilling for Israel=Yang Gang
They are not gonna ramp up production and lower the price because inflation would fucking jump its not about keeping the same profit margin listen when bit coin mining became popular the demand of graphics cards jumped so they fucking raised the price
nice b8
>one gay reddit spacing leaf sells his $10 in tendie shares
>thinks the USA will collapse
shhhhhhhhh we will annex you soon leaf
>implying the cost of redistribution on those with wealth won't be passed on to those receiving it.
how? you're assuming it will be printed money, we're not talking about increasing supply. How would transfering 1k from the rich to the poor devalue currency when the same circulating supply would remain unchanged? retarded argument.
You’d have to cancel all other forms of welfare and unemployment to pay for it. Better to have a universal benefit than gibs for some.
Voting soon to become full bribery bidding war
I’m waiting for $9,999
You’re $12 dollar pizza will now cost $1012.00 plus tip. But should we include the free money in the tip percentage?
Yang is a naïve dink who thinks that all people will work as hard as an Asian. The fact of the matter is that 10s of millions of white people and Asians will be running around with their $1000, posting to Instagram, facebook, twitter, etc. meanwhile and bunch of sourgrapes black and Hispanic people (white trash too--but no one will listen to them) will be pissing and moaning about how they didn't get the full $1000.......many of them will get less, substantially less. They will claim it's racist to give white people $1000 while they only get a net of $400 or $200 or $600 or whatever it turns out to be. Yang is a leftist, so he can't foresee any logical conclusion to his handout.
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So there I was. Fighting side by side with a commie. I was shocked. I couldn't believe it, all the years of fighting commies and watching them cry, only to end up here, fighting for the collapse of my country with them. Big things are happening fuckers. We are taking steps. Just remember.....after ZOG and our puppet boomer government falls..... all bets are off. Until then, I will fight with the commies, because Nazis are officially retarded (because they won't name the Jew)
interesting
>300 million Americans
>give every single American $1,000 per month
>suddenly $30bn in new cash created every single month
>$360bn per year
>thinking this will be accompanied by $30bn in new goods and services every month
>thinking this won't lead to massive price inflation
Fuck the Yang shills. Sage and hide this slide thread.
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depends if we cut the 2.9$ trillion in social services/welfare from the government
Then it will be beneficial, and not cause extreme inflation, create freer markets
expand the economy
we already give people 2.9$ trillion in handouts, but they are aligned to something, cutting that, and then giving people cash instead is better
it may reduce some incentive to work, but, it isnt enough to provide a decent life
12,000/year is not enough to afford average rent.
Average rent is 1,230$ per month.
average food is 550$ per month
choose between food and housing
but no access to healthcare/entertainment/housing if passed, due to cutting of government social programs
Rofl no
God damn you guys didn’t even study economics 101 in school did you? Christ.
only if government isnt cut.
If we cut government by 3$ trillion, and swtich to consumption/real estate taxes, inflation will be minimal + incetives to work, and disincentives to move here because you cant buy housing/basic goods if you dont work
the government would have to increase its tax revenue by over 70% in order to pay for it without causing massive inflation and currency devaluation. Also, $12k/yr is still below federal poverty level.
Nothing. They go to gulag for their 1000 and enjoy workcamps.
Says who?
Imagine being this rarted
>lel ur a commie
You guys are going to make 2016 r/thedonald one liners while Yang takes the white house. Stay YANG'd son
Landlords will up the rent.
Prices for everything will go up.
It will solve nothing.
imagine being this poor.
Economic illiterates
The price of flat screens and fried chicken would go up, and the supply of slack jawed nigger retards to man cash registers would fall. Weed dispensaries would raise prices. St Ives and Evan Williams would have a good quarter.
Abortion clinics would have to hire additional staff.
Just easily predicted economic shifts-
You don't need minimum wage with UBI.
areas w/ no rent control will turn into even bigger shitholes. car companies and liquor stores will make a lot of money.
mainly, though, that money will leave the US for Latin American shitholes, as well as China and India. As America becomes more infested with idiotic browns, expect more of this shit. The idea is to siphon USD into shitholes for world prosperty...and by prosperity, i mean everyone is better than dirt poor for like 5 minutes then it all goes back to the way it was
it's so fucking boring and stupid. chinks are just retarded Jews
CHAIRMAN YANG WILL NOT PREVAIL
DEATH IS A PREFERABLE ALTERNATIVE TO COMMUNISUM
>Surely M'lady will respond in the affirmative to a gracious request to accompany this Gentle Sir to partake in eatery at the behove of monthly acquired $1000 Dollars