this post was submitted on 05 Nov 2023
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Leftism

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[–] BertramDitore@lemmy.world 1 points 10 months ago (1 children)

There have been some pretty extensive studies that indicate that when you give poor people money, they become less poor. When you give poor people enough money to live on, they stop being poor. It’s a radical concept, but it’s also the truth.

[–] Phrodo_00@lemmy.world 0 points 10 months ago

South American experiments with printing money make the studies hard to believe. You can't simply give people money without causing a devaluation in said money. You have to take it away from the market somehow (so, tax the shit out of the rich)