Participants received $1,000 a month. They took better jobs, went back to school and started opening businesses.
Study: https://www.openresearchlab.org/studies/unconditional-cash-study/study
Archived version: https://archive.ph/8BtU9
Participants received $1,000 a month. They took better jobs, went back to school and started opening businesses.
Study: https://www.openresearchlab.org/studies/unconditional-cash-study/study
Archived version: https://archive.ph/8BtU9
Supply and demand were both affected. Yes, there was profiteering too. Its complex. However, creating money, which we did, meant a larger demand, which led to inflation. It was worse for some things, especially of supply and bottlenecks were a problem.