Slacker News Slacker News logo featuring a lazy sloth with a folded newspaper hat
  • top
  • new
  • show
  • ask
  • jobs
Library
← Back to context

Comment by mastadon

9 years ago

Handing out 15k a year to every person is just diluting the value of the money, especially if they aren't putting any effort into creating goods or 'doing' services. Buyer: "Why is this phone 1000 dollars?" Seller: "Well you make at least 15000 a year right, it's only a percentage..." Now apply this to bread, gas, cars, healthcare, etc.

0 comments

mastadon

Reply

No comments yet

Contribute on Hacker News ↗

Slacker News

Product

  • API Reference
  • Hacker News RSS
  • Source on GitHub

Community

  • Support Ukraine
  • Equal Justice Initiative
  • GiveWell Charities