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Discussion » Questions » Politics » If Andrew Yang gave us all $1,000/mo., wouldn't prices just INCREASE/ Would people just blow it?

If Andrew Yang gave us all $1,000/mo., wouldn't prices just INCREASE/ Would people just blow it?

Posted - September 30, 2019

Responses


  • 53509
    You’re right. Not only that, my question is where would enough money come from to sustain $1000 x 300,000,000+ people every month?  You know that the scammers would ooze from every crevice on earth and abuse it. 
    ~
      September 30, 2019 11:56 AM MDT
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  • 46117
    My answer is STUDY the issues.    Andrew Yang is not just running around yelling I can give you money.  He actually has a plan.  
    However, NO ONE who has a plan will get past the GOP.  So until Mitch McConnell and the rest of the crooks are in power, nothing will ever manifest.  

    Trump must go, but they most go just as badly.

    This post was edited by WM BARR . =ABSOLUTE TRASH at September 30, 2019 12:29 PM MDT
      September 30, 2019 12:26 PM MDT
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  • 7280
    If you look at the video that she posted, Yang says from whence he intends to get the money; but he doesn't give a whole lot of detail.

    His 3 step plan starts at about 2 minutes in.
      October 1, 2019 4:45 PM MDT
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  • Oh hell yes I'd blow it.  I'd reach out to My2cents and commission her to find me that huge stone sculpture I've always wanted for the backyard. 

      September 30, 2019 12:16 PM MDT
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  • 46117
    I love gargoyles.  I gave one to a boyfriend years ago. Much smaller.  
      September 30, 2019 12:23 PM MDT
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  • Its only a gargoyle if it is a rain spout or the spout of some sort of aquaduct.   If it isn't then the correct term is a chimera or a grotesque.
      October 1, 2019 4:26 PM MDT
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  • 7280
      October 1, 2019 4:31 PM MDT
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  • 34283
    True. But nobody calls the statues that. Everybody calls them gargoyles. I would never correct a customer asking for a gargoyle. 
      October 1, 2019 4:56 PM MDT
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  • I will seize every opportunity to harass Sharon.
      October 1, 2019 5:01 PM MDT
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  • 34283
    That guy is cool. But would be hard to do in concrete....the foot and wings would be fragile out tnere by themselves even with rebar in them. Could do sculpture work to connect....make the pedestal wider etc. Lot of work there. 

    If you buy him in resin...do not put it outside. It will not hold up to the weather. So keep him inside. 
      October 1, 2019 4:50 PM MDT
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  • No, it wouldn't devalue the dollar. That's not how supply and demand work.  The only way it would devalue the dollar is if currency was intentionally printed to hand out without any market growth to back them  thus increasing inflation. Diversion of funds through taxation doesn't devalue the currency reguardless of what is done with it or to whom.

      September 30, 2019 6:38 PM MDT
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  • 7280
    Devaluation in modern monetary policy, (is) a devaluation is an official lowering of the value of a country's currency within a fixed exchange-rate system, in which a monetary authority formally sets a lower exchange rate of the national currency in relation to a foreign reference currency or currency basket.

    Inflation is a general increase in prices and fall in the purchasing value of money.

    Seems like one is an internal issue, the other affects foreign trade. 

    I'm confused---can you explain it a little more?
      October 1, 2019 4:52 PM MDT
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  • Strictly speaking yes.  Totally correct.   In the general speak  most people just use the term inflation for any and all  currency devaluation.

    Not to mention Sharon was asking if the prices of things would go up which is textbook inflation.
      October 1, 2019 5:05 PM MDT
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  • 7280
    Thanks
      October 2, 2019 11:02 AM MDT
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