Re:Why we should all have a basic income
by DougN7 on Sunday January 22, 2017 @11:20AM
(#13455783)
If I had a magic wand and could give everyone everything, I'd do it.
But my wishes don't overcome basic supply and demand. Unless there's a lot more goods suddenly being produced, prices will rise if more people want them and can pay for them, which will tend to cancel the benefits of UBI.
But my wishes don't overcome basic supply and demand. Unless there's a lot more goods suddenly being produced, prices will rise if more people want them and can pay for them, which will tend to cancel the benefits of UBI.