You are viewing a single comment's thread from:
RE: Universal Basic Income Is Already Happening. Where? But In Hawaii, Obviously...
UBI is a joke. The markets will always adapt to keep its structure. If i give everyone 30,000 a year, cost of living will become 38,000. The price of everything will go up to meet the demand. If you look at the social structures of humanity, people and businesses will seek to profit from it the influx of money, thus upping the price. UBI is not an answer to the problem. The problem is human consciousness and the systems dictated by it. A Resource Based economy will fit us better and will naturally over time, change our consciousness.
Your concerns about inflation are about an equation with a ton of variables. If you examine each variable, you'll find the fear to be pretty unrealistic. Read this to get into the variables.