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A comment on Basic income would not reduce people’s willingness to work. Parent comment

Re:Basic income would not reduce people’s willingness to work by CraigJPerry on Tuesday January 18, 2022 @11:23AM (#29981462)
>> Because that’s why our money is worth anything in the first place

The reason most currencies are worth anything are because you get thrown in jail if you fail to pay tax levied upon you denominated in that currency.

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Re:Basic income would not reduce people’s willingness to work by tekknik on Wednesday January 19, 2022 @10:39AM (#29994981)
No, money is worth something because another country wants to buy stuff you make and this must be done in your currency. Stop making what people want, or keep devaluing your money to the point where holding it means you lose value, and people stop using your currency. They become arcade tokens that only have value inside the borders. You cannot force value, economics 101.
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