UBI, or universal basic income, is a form of direct cash assistance to help the most vulnerable get back on their feet. A new study in Denver suggests it works.
Yeah the effects on inflation need to be looked at pretty closely. Extra cash to people who need it is great for them. Extra cash for everyone, especially if it is just printed, surely will cause problems. Just the increase in money supply will result in inflation but yeah greedy assholes will find ways to suck up the free money from everyone else.
The problem with the wealthy fucking over us peons is what’s truly Universal when we have so much corruption.
If I didn’t fear it falling into squalor, along with NIMBY problems, some kind of public free housing would effectively be like a portion of UBI but harder for greedy pricks to suck up the money legally. And at least that way the people who would otherwise be able to work (e.g. those who became homeless due to medical emergencies) wouldn’t be at a disadvantage from being unhomed.
Of course the real answer there is universal healthcare and elimination of for profit healthcare and elimination of health insurance. So that medical emergencies are just covered.
Yeah the effects on inflation need to be looked at pretty closely. Extra cash to people who need it is great for them. Extra cash for everyone, especially if it is just printed, surely will cause problems. Just the increase in money supply will result in inflation but yeah greedy assholes will find ways to suck up the free money from everyone else.
The problem with the wealthy fucking over us peons is what’s truly Universal when we have so much corruption.
If I didn’t fear it falling into squalor, along with NIMBY problems, some kind of public free housing would effectively be like a portion of UBI but harder for greedy pricks to suck up the money legally. And at least that way the people who would otherwise be able to work (e.g. those who became homeless due to medical emergencies) wouldn’t be at a disadvantage from being unhomed.
Of course the real answer there is universal healthcare and elimination of for profit healthcare and elimination of health insurance. So that medical emergencies are just covered.