Money Supply
The problem with money is that sometimes, income inequality causes the money supply to dwindle for too many people. Rich people have way more money than they need. Middle class people have about the right amount of money to satisfy their needs. And poor people never have enough.
Andrew Yang had part of the right idea with his concept of the universal basic income (UBI). The UBI would have been a start toward an effective anti-poverty program.
The benefits of a UBI program are easy to appreciate. Parents could afford to either stay home and raise their children or enroll them in day care. Children would be well nourished and well educated. They would be more likely to become contributing members of society. Some of them might even grow up to be geniuses or entrepreneurs and improve the world.
Rich people call it socialism, and the people who would actually benefit from the UBI (pretty much everyone) believe that socialism must be bad so they vote against it. And the United States, the wealthiest nation in the world, ends up with more poverty, ignorance and disease than the other six nations in the G7.
People say that poor people shouldn't be given money because they'll waste it. Some of them will, but most of them won't. Social Security Is a fantastic anti-poverty program for old people. Some of them waste it, but most of them don't.
The amount of money in circulation should increase as the population increases. The best way to put enough money into circulation is to give some newly minted money to everyone, every month.
