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Comment on Calibrated Basic Income by Derek Van Gorder [pdf]parent

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What happen if this CBI maximum happen to be a very low amount?

It shouldn't need to be pointed out that that's deeply unlikely, but I'll point it out anyway.

The available monetary contraction is orders of magnitude larger. Economic conditions where it would be constrained to such a low level would likely be rare and temporary. And, it's generally accepted that direct cash transfers increase spending.

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