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by blurbleblurble 3414 days ago
Ideally BI doesn't come from an inflated money supply, but if the money-holders refuse to pay taxes, where's it gonna come from? I have a feeling that unless the architects of BI can tack that point to the legislation, it's gonna be a glossed over in the dysfunctional halls of government. "The left" will take on more government debt out of necessity to keep society functioning, while dysfunctional elements of "the right" take on government debt seemingly out of contempt for big government...
1 comments

BI can't just come from inflating the money supply, it wouldn't function if it were implemented that way. BI has to be funded by taxes, and money-holders can't refuse to pay, taxes don't work that way.
I agree ethically and in principle, but unfortunately that's not always how things actually go down.