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this should surely help reduce inflation

I don't think the CPI will change much with 300 people receiving $1k monthly.

Yes just imagine what the $11million bond LA will have to take out to cover this program will do to the monetary supply.

That's basically the cost of a Porsche Yacht - https://www.youtube.com/watch?v=I_ezBTxvtlA

What a gap.

Ideally the plan would be to expand this out to the whole city, not just the 11 million dollar trial. And frankly, dumping $11 million into the purchasing side of low income housing in LA very well could cause inflation in their local housing supply

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