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RE: Basic Income Could Increase Poverty - Research by University of Antwerp

in #news6 years ago

To me the study makes sense. Some people at the very bottom of the economic ladder that are already receiving government benefits might actually get less on a basic income scheme.

Slightly off topic but I personally think basic income is being pushed behind the scenes by the central bankers.

With all the money in circulation being issued through the creation of debt you end up reaching the mathematical limits of that system at some point when everyone is either unable or unwilling to borrow more money.

Unless you change the rules to allow for the addition of even more debt. Mass immigration would be one way. Borrowing money to give everyone free money every month would be another.

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Borrowing is a trap. Be the lender.

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