Re:The Joy of Fuck-You Money (2018)
by trident5000 on Thursday March 11, 2021 @02:32PM
(#26428004)
UBI will just be hugely inflationary and people will vote in the politicians who promise them the most money every election cycle until the currency debasement causes economic instability. Nothing will change in peoples well being because that rests on logistics, not how much money anyone has. Theres only so many homes, nurses, spots at schools - giving people a paycheck that is more worthless every time its issued changes none of that. I can give every single person in the country 1 million dollars and there are still only so many nice homes. Nothing changes.
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Re:The Joy of Fuck-You Money (2018)
by nickthemagicman on Thursday March 11, 2021 @06:50PM
(#26430539)
Not true. UBI is a redistribution policy, not an inflationary policy.