Guaranteed income is not far-fetched – Raphael Bostic

The guaranteed income “is not a crazy talk to have” given the costs associated with poverty, the Atlanta Fed President Raphael Bostic, as reported by Reuters.

Bostic further noted that it has the hope that issues of economic inclusion and inequality will be a centerpiece of the Biden administration. “Former Fed Chair Janet Yellen in charge of the Treasury means a good alignment with the Fed on issues of inclusion and equality,” added Bostic.

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