News for hackers. Stuff that matters.
Re:Finland is scrapping plans to extend its basic income pro... by matte_black on Thursday April 19, 2018 @11:17AM (#16876612)
What’s the value of a currency that can only be used to buy limited items?
Re:Finland is scrapping plans to extend its basic income pro... by icebraining on Thursday April 19, 2018 @11:45AM (#16876852)
"The black market for food stamps — where recipients sell the federal vouchers for cash — has grown by 30 percent in recent years, the Agriculture Department said in a just-released study. (...) In figures, sales of Supplemental Nutrition Assistance Program vouchers brought in $858 million in cash in the 2009-2011 period, compared to $330 million in the 2006-2008 time frame."
Re:Finland is scrapping plans to extend its basic income pro... by ghaff on Thursday April 19, 2018 @11:37AM (#16876766)
Somewhat lower because of transaction costs associated with barter and black markets but it still has value.