RE: RE: Andrew Yang's Siren Song of Free Money Will Cost You Dearly
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RE: Andrew Yang's Siren Song of Free Money Will Cost You Dearly

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I don’t subscribe to or give credence to Keynesian economics. So, learning the opinions about the effects of UBI from an economist, or multiple economists of the Keynesian variety would be an exercise in futility for me. How about we move forward and assume you are correct? Let us pretend, or let me “pretend” the UBI will not cause inflation, that still doesn’t change the fact a VAT is en essence inflation at the point of sale. If we can both agree inflation is a hidden tax, then adding a direct tax at the point of sale is very similar to the inflation tax, only it’s not hidden. Well, it’s hidden, but it’s hiding behind that $1000.00 a month, as the lure of free money can sometimes blind people to reality.

Can we agree that inflation is a hidden tax on the buying power of the dollar? If so, then is directly taxing the price of goods and services at the point of sale that much different than inflation? The only difference I see is that the effect of the VAT will be immediate and less hidden. For free money to truly be free there can't be strings that take money away, how you don't see the hustle here has me scratching my head. The last time the Democrats conned the American people healthcare prices on a plan that was supposed to be affordable had people choosing between whether or not they would eat or pay for health insurance, and obviously not eating is very terrible for your health. Why are you so willing to get fooled again?