Re:Machine Money and People Money
by phkahler on Monday July 11, 2016 @11:00AM
(#12071490)
There's a contradiction here. If the machine money is taxed and redistributed, but the cost of the items produced by the machines is exponentially going to zero... Your revenue source for UBI is going away unless they artificially keep the price of those goods up. If you just let the price of machine produced goods approach zero, then everyone benefits from the lower cost of stuff. I have yet to see a mathematical analysis of UBI, just hand waving.
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