Instead of a guaranteed fixed income, a universal job guarantee policy provides jobs \u2014 and wages \u2014 to people who aren\u2019t able to find work on their own.<\/p>\n
Source: Why a universal job guarantee beats the basic income pipe dream<\/a><\/em><\/p>\n If I understand it, MMT<\/a> = UBI<\/a> + “universal jobs guarantee” + create money from nothing?<\/p>\n But creating money from nothing is a sure way to drive inflation through the roof?\u00a0 MMT sez: As long as there is enough jobs to absorb that “poofed into existence” money, no inflation results..\u00a0 Article mentions public works as a good way to invest in the country with all this labour & money.<\/p>\n But of course, I are not an economist, so what do I know?\u00a0<\/p>\n Note the excellent use of links to MMT and UBI posts!<\/p>\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" Instead of a guaranteed fixed income, a universal job guarantee policy provides…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[282],"tags":[84,18,919,106,140,178],"class_list":["post-21324","post","type-post","status-publish","format-standard","hentry","category-article","tag-canada","tag-economics","tag-mine","tag-mmt","tag-paul","tag-ubi","wpcat-282-id"],"_links":{"self":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/21324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21324"}],"version-history":[{"count":0,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/21324\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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