<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>User23</author><text>There never really was. It was always a charade. The only real “benefit” of the current system is that seigniorage profits are accrued by primary dealers rather than Treasury.</text><parent_chain><item><author>yingw787</author><text>One can dream, but you can imagine if the Fed really wanted to implement UBI, it could probably do something like:&lt;p&gt;- Give everyone in the U.S. a guaranteed loan for $2,001, 0% interest, payable at the end of the month&lt;p&gt;- Before you &amp;quot;default&amp;quot;, enter in a &amp;quot;negotiation&amp;quot; where the Fed can buy back the security from you for $1, writing off &amp;quot;the losses&amp;quot;&lt;p&gt;- Do it all again the next month&lt;p&gt;Tada! Monetary policy as fiscal policy! If you don&amp;#x27;t want to write it off immediately, guarantee 0% interest and have the timeline for the loan be 200 years, then write off the debt as nonpayable after death.&lt;p&gt;But seriously, I&amp;#x27;m not sure if there&amp;#x27;s a clear line between monetary policy and fiscal policy anymore.</text></item></parent_chain></comment><story><title>The Fed Will Buy Bond ETFs Now</title><url>https://www.bloomberg.com/opinion/articles/2020-05-12/the-fed-will-buy-bond-etfs-now</url></story>
<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>MattGaiser</author><text>If inflation rises, there needs to be a mechanism to have it paid back. All the Fed QE at least theoretically goes back into the bank once markets recover and the assets purchased can be sold to make that so.&lt;p&gt;Who is going to buy individual loans which are never repaid if inflation starts to rise?</text><parent_chain><item><author>yingw787</author><text>One can dream, but you can imagine if the Fed really wanted to implement UBI, it could probably do something like:&lt;p&gt;- Give everyone in the U.S. a guaranteed loan for $2,001, 0% interest, payable at the end of the month&lt;p&gt;- Before you &amp;quot;default&amp;quot;, enter in a &amp;quot;negotiation&amp;quot; where the Fed can buy back the security from you for $1, writing off &amp;quot;the losses&amp;quot;&lt;p&gt;- Do it all again the next month&lt;p&gt;Tada! Monetary policy as fiscal policy! If you don&amp;#x27;t want to write it off immediately, guarantee 0% interest and have the timeline for the loan be 200 years, then write off the debt as nonpayable after death.&lt;p&gt;But seriously, I&amp;#x27;m not sure if there&amp;#x27;s a clear line between monetary policy and fiscal policy anymore.</text></item></parent_chain></comment><story><title>The Fed Will Buy Bond ETFs Now</title><url>https://www.bloomberg.com/opinion/articles/2020-05-12/the-fed-will-buy-bond-etfs-now</url></story>