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RT DogeDesigner: “We'll have universal high income. We're basically just issuing money to people, and just because the output of Business Services wi...
RT DogeDesigner
“We'll have universal high income. We're basically just issuing money to people, and just because the output of Business Services will so far exceed the money supply, that effectively you have deflation, because deflation is just the ratio of the outputs of goods and services to the money supply.
If the rate of growth of goods and services exceeds the rate of growth of the money supply, which I predict will happen, then you will have deflation.”
- Elon Musk
“We'll have universal high income. We're basically just issuing money to people, and just because the output of Business Services will so far exceed the money supply, that effectively you have deflation, because deflation is just the ratio of the outputs of goods and services to the money supply.
If the rate of growth of goods and services exceeds the rate of growth of the money supply, which I predict will happen, then you will have deflation.”
- Elon Musk