An extra $12K a year

>an extra $12K a year
>weed
>medicare for all
>sex work and heroine decriminalized
>thorium nuclear reactors
>democracy dollars
>election day a federal holiday
>etc etc etc
I'm voting for Andrew Yang and there's nothing you boom booms could do about it.

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based and yangpilled

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>implying yang isnt going to drop out before Super Tuesday

Unfortunately people don't want a good president. Rich people want someone who will help them feel better than everyone else, and everyone else just settles for the candidates that made it thorough their manipulation.

yang's going to tighten censorship on the internet, he's the last person i'd ever want to be elected and anyone who supports him is retarded

dont you think easy money would fuck the economy

As if the economy isn't already fucked

More spending money usually means a healthier economy, and someone making an extra $12k isn't going to make them quit their jobs. It's just going to cut down on the daily struggle a lot of people face. It wouldn't even be necessary if pay rates increased with inflation, so it's basically a patch because no one wants to pay their employees.

Programs like UBI actually do the opposite of inflation and provide a deflationary pressure. If you print money then yes there is inflation -- But Yang's plan doesn't call for printing money but instead a Value-Added Tax. Everyone pays in, but those who consume the most pay in the most. This tends to be the wealthier. The wealthier also spend their money slower than someone living paycheck to paycheck. Then everyone gets the same amount back: $1,000/mo. By increasing the purchasing power of the lower tier, you increase the velocity of money (how quickly the same dollar bill is spent). Each time the dollar exchanges hands economic activity is generated. The more often and quickly this happens, the more the economy grows. As the economy grows there are increased production efficiencies and more competition in the marketplace. This brings prices down. Since the total money supply didn't change, boom: deflation, not inflation. Yang isn't a politician. He has a degree in Economics from Brown and a Law Degree from Columbia. He knows this stuff, and he knows politicians from both sides aren't doing anything to help us, so he is.

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How is it fucked?

you clearly don't understand how inflation works

so if everyone were to get an extra 12k a year, the value of everything that is buy able will have the price raised, giving everyone more will make everyones existing money worth less

Their basically making the number bigger in your (or rather everyones) account while how much that number is actually worth in spending power goes down. Its basic economics. inflation is a part of growth but only if they stop for a bit and deflate it by getting some more gold bullion while slowing the pace they are printing money, the only way to keep the value of a gold-backed currency stable and on the path to growth