Is it just me or is this kinda blurry?

Pretty dope though, that from top=>tilt fall was pretty exciting

19 here, largely ignorant

So the general idea is that lack of scalability within a domain is a barrier to entry? If so, then the real barrier to entry is finding the domain, not the actual schlep - big companies can schlep pretty well, right?

If I had one suggestion for these types of events - focus more on what you're building, less on "issues".

Show, don't tell!

What do you think inflation is?

As you mention, inflation results in people losing real wealth proportionally to the amount of total (nominal) wealth that they have. On the whole, it's a fairly progressive form of redistribution, as long as wages are able to rise with inflation.

It would seem to me that an unconditional basic income could therefore be paid in part through this mechanism, with the inflation caused by simply increasing the amount of money in circulation. That is to say - the money could simply be created by the government. You can frame this as deficit spending (if you'd like) or you can frame it as the equivalent printing of money. This could (by act of Congress) be done without floating bonds to cover the deficit, but that might cause some conservatives to freak out.

Exactly - wages do rise with inflation, but as we know from intro macro, there's always a bit of a delay due to contracts etc. The problem with inflation is it drives people even further up the risk curve to find yield.

The other problem is that while inflation incentivizes moving up the risk curve, capital gains work in the opposite direction, incentivizing idle cash balances. One side of the government wants you find yield, the other punishes you for finding that yield.

At the end of the day, you're just going to make people find that yield (they have to) and you won't increase tax revenue. People can stomach _some_ risk, but not an infinite amount (especially the institutional guys).

As a seller of products or services, what motivation do you have to peg the price of your products or services to such an inflationary measure?

Developing countries frequently switch to USD/EUR in times of financial calamities, as marketplaces there gravitate towards currencies that preserve wealth, not erode it, which is what you're planning to institutionalize.

The problem with that is that any wealth tax will be at least in part a cause of global inflation (assuming it's a US tax).