RE: The Monsters, Inc. Argument for Unconditional Basic Income: How to convert an economy based on fear to one based on joy
I am not jumping from anything but from your own statements. If you see senselessness look no further than your own words.
"...there is no price discovery possible if people don't have money to signal demand for goods and services."
Here is where you directly imply some how price discovery stops because some people are unable to participate in price discovery. The fact that you still think this is an argument proves to me beyond a reason of a doubt you either are still ignorant of what the process of "price discovery" is or are purposely trying to redefine it to fit your narrative.
AGAIN - price discovery is set around RESOURCES, not people. Certain people not participating does not prevent price discovery. Your claims otherwise scream of ignorance of the system's workings.
"'Price discovery does not cease to exist just because certain people don't participate in the market.'
If those certain people are the only ones that would demand that resource than it ceases then and there, economic 101."
Once again, whatever resources they actual have in demand still goes through the processes of price discovery regardless of your infantile contrarian statements otherwise.
"That's quite an absurdity but why not, you can be swayed to calling people idiots to their face or telling them kindly that they don't comprehend, either way, it's an Ad Hominem because it doesn't connect any reasoning behind it outside the "fact" that it was presented."
Actually i explained several times in that statement, and in this one as a matter of fact why the argument being presented shows your complete ignorance of the situation. Pointing this out is absolutely not an ad hominem attack, though that would make it a convenient way for you to not address the point.
"Except that without money, how can you discover the price of resources? So back to square one, especially if that is endemic of all of the demand. Again can you have price discovery without money? Not where there's not money, Nope."
And here we are with further demonstrations of your own senselessness. Just a moment ago I read how you were saying that no UBI does not equal no money, yet here you are making that exact claim, but I am the one bouncing around irrationally am I? Not having UBI does not suddenly eradicate existing currency or price discovery systems.
"Unless they don't, so your "assume someone else want's it more and has the money to pay for it" is a nice way to avoid the argument, because why can't you just assume someone with deeper pockets and demand when the argument is empty pockets and demand."
That's a nice way to get DIRECTLY AT THE POINT of the argument, which is price discovery is independent of the lack of small groups participation. Your ENTIRE PREMISE relies on the concept that price discovery MUST allow EVERYONE to "signal prices" or else the process of "price discovery" will not happen. In fact the supplier of the resources will deliver those resources to the highest bidder under price discovery. The fact that some people didn't show up to the auction does not prevent it from happening.
"Price discovery needs the capital, a shortage of capital isn't price discovery, only a Buble. There is nothing more devastating than a shortage of money which affects everyone."
But a shortage is in fact price discovery. A shortage is a clear signal to manufacturers and suppliers of resources are UNDERCHARGING for clearly in DEMAND resources, causing them to adjust the price and normalize the supply chain.
"Of course, your trite remark probably holds that article (which one?) it's contrarian in the same way you think it contrarian because there won't be Price Discovery without UBI, as if they cannot comprehend what they read and can confuse something as simple or succinct as "no price discovery without money"."
Once again, you clearly demonstrate to me that rather than have an honest debate you would rather just choose to redefine terms to fit your own argument on the fly. Your contention that price discovery can not exist without UBI is asinine. Perhaps try learning how price discovery actually works before attempting to arbitrarily dictate the terms of its existence. You have no business presenting yourself as any kind of expert on any kind of economic subject, and your sad attempt at retort here shows me just how shallow your understanding of the subject really is.