Free Money...Is this Even Possible ?

in #freedom7 years ago

What is UBI?

In Short 'Universal Basic Income'

Now there are increasing number of societies (cities and counties) that are experimenting with UBI to supplant the the current broken economic system. 

So...does it mean everyone gets a basic income per month regardless of their work, status, color, creed, social standing? In theory, Yes! 

Everyone gets a basic income and they are therefore incentivized to purchase the good and services produced by enterprises.

No, it is not a communist model because free enterprises are integral to this model of UBI. 

I promise to make it it easy for you, have a look at this link below 

Sort:  

This is a better idea than giving money to the banks (quantitative easing).

You bet it is. Money in our hands better than in theirs.

I can't even imagine how it would be if everyone got paid the same, something to think about, thanks for the read

I can tell you what it would be...would put a smile on your face, mine and countless others.. and then we can focus on what truly matters.

Please forgive my stupid question, but who's getten free basic universal income ?

I am not sure I can believe they would do it in the US, are you talking Venezuela ?

Because I'm a disabled iraq veteran and No one in twenty years has given me squat and I stood the front line for this country... I just can't see it happening.

Respectfully I'm not convinced..

This is in an experimental stage concept..I will list the places that are experimenting with it..

A town in Manitoba, Canada
Namibia Africa
Sau Paolo Brazil
Utrecht Netherlands
Ontario Canada will roll this trial in 2017

There is also a study being undertaken in rural North Carolina for this

We do not know if this will be rolled out but once it does become adopted in a particular country, it will very quickly be adopted by others.

Thank you for being respectful and eoloquent in your message delivery. I will be following you. Appreciate those who are respectful.

Coin Marketplace

STEEM 0.16
TRX 0.16
JST 0.032
BTC 59304.77
ETH 2534.68
USDT 1.00
SBD 2.41