I kinda laughed when I read that headline - give people money and they won’t not have money! Hehe. But I’ve always wondered what kinds of upward or downward pressures that would make on the prices of certain things. Or on purchase patterns in aggregate. I’m no economist, so I’m not aware of all the history of similar programs. I have seen some really weird things happen in closed systems like FSA benefits that people ‘use or lose’ here in the US causing weird purchase patterns that cause shortages of certain things that people end up over-purchasing just to not feel like they’ve lost a benefit. Dunno if you have a similar program there. But in a scenario where it’s just money, I imagine the patterns would be completely different.
I kinda laughed when I read that headline - give people money and they won’t not have money! Hehe. But I’ve always wondered what kinds of upward or downward pressures that would make on the prices of certain things. Or on purchase patterns in aggregate. I’m no economist, so I’m not aware of all the history of similar programs. I have seen some really weird things happen in closed systems like FSA benefits that people ‘use or lose’ here in the US causing weird purchase patterns that cause shortages of certain things that people end up over-purchasing just to not feel like they’ve lost a benefit. Dunno if you have a similar program there. But in a scenario where it’s just money, I imagine the patterns would be completely different.