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RE: LeoThread 2024-12-05 08:38

in LeoFinancelast month

Part 3/9:

To illuminate this concept, we can use an analogy. Traditionally, money is likened to water flowing through pipes, requiring careful management to avoid wastage. However, thinking of money as sand in a sandpit offers a more fruitful perspective. In this analogy, the sandpit represents the economy, and the uneven distribution of sand illustrates growing inequality. Just as some children can amass piles of sand while others are left without access, wealth concentrations in society can create disparities, making UBI vital to distribute resources more evenly.

The Role of UBI Within MMT