Re:Why Italy Could Be the Epicenter of the Next Financial Cr...
by UncleEntity on Sunday October 14, 2018 @10:53AM
(#18213145)
> Universal Basic Income is deemed necessary even by people like Elon Musk, do you know that?
Providing UBI through debt financing is a recipe for disaster.
Someone, somewhere has to earn this "income" so you can't just magically produce it out of thin air, if the Italian tax base can't service the current debt then how is it supposed to service further debt to provide a "citizenship income"?
Providing UBI through debt financing is a recipe for disaster.
Someone, somewhere has to earn this "income" so you can't just magically produce it out of thin air, if the Italian tax base can't service the current debt then how is it supposed to service further debt to provide a "citizenship income"?