I think this is the only way governments should "assist" their people. Further, I think portions of a minimum income should be the only way of creating currency. Currently, it is done through debt. Money should be made by the people, for the people.
Perhaps it can be done as follows:
1. Institute a negative income tax
2. Any citizens who get a refund based on the negative income tax are paid by money that is created
This way, when the economy slows down and people are making less money, more money is created which is what we do anyway.
Perhaps it can be done as follows:
1. Institute a negative income tax 2. Any citizens who get a refund based on the negative income tax are paid by money that is created
This way, when the economy slows down and people are making less money, more money is created which is what we do anyway.