pull down to refresh
Is there any evidence that the government provides more and better assistance than private charities, though?
reply
Private charities or organizations are better for providing assistance
By private charities I am excluding NGO which are de facto government entities
reply
The thing is that, under a deflationary economy, no welfare scheme is needed. Welfare is a consequence of fiat due to being the state the one that mints the new coins (best case scenario, on pair with economic growth). In a deflationary economy, economic growth naturally leads to a re-appreciation of the money you already have, equivalent in it's effect to the interests rates in the fiat system, but non-dependent on a central authority.
reply
Welfare but direct cash assistance
I think the negative income tax is the least bad handout or assistance program
You want to provide assistance but maintain incentive to earn a higher income