Re:Elon Musk thinks universal income is answer to automation...
by JoeAltmaier on Monday November 07, 2016 @12:01AM
(#12888917)
Supply and demand determine price for many consumables. Neither changes when folks have more money in their pockets. It doesn't even begin to make sense.
However, when the value of USD is considered the same. But I know that _every single_ person in american can buy muy product at current price and higher. I will certainly bump it up. High until I hit a maximum where profit margins dip then settle.
Health insurance is caused the Skrelli fiasco and epipen fiasco. Probably more to come.
Universal Income sounds like a great idea from a naive perspective. But the real issue is there arent other solutions for it to compete with.