Unfortunately, Yang thinks in terms of government money for UBI. Crunch his numbers and it turns out that the deficit would increase by an additional trillion dollars a year.
He never comes out and says it, but he seems to think that Modern Monetary Theory makes sense.
Unfortunately, Yang thinks in terms of government money for UBI. Crunch his numbers and it turns out that the deficit would increase by an additional trillion dollars a year.
He never comes out and says it, but he seems to think that Modern Monetary Theory makes sense.