AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Impact of Legislation on Unemployment Rates
People will be more productive, so we'll not need as much work from people. The only solution around it to maintain a very low unemployment rate is to legislate less than five days a week. I think that's happening without laws. It's happening in certain countries as a matter of fact, right now as you're speaking. But their check is playing with four day weeks. And I think it might even drop to three day week. So this income has to be supplemented. How will they circumvent it? Is it a welfare system or maybe it's guaranteed basic income? I don't know. Maybe fund it will be the solution for the deflation. Do quantitative eat.