[mattbeckman]

UBI (in the U.S.) would be like printing more shares of a publicly-traded stock and giving all of the new stock to the employees of the company.

USD is the reserve currency, so foreign interests (or large corps) w/ stockpiles of USD will be the losers due to inflation.

Foreign interests can change which reserve currency they use at-will, so wouldn't this be like a direct-fee/dividend U.S. citizens (or any UBI-country citizens) could charge those that use the currency of the country but don't live there?

[seph-reed]

Think of machines and robots as workers that earn pay for their work. Then imagine that pay is spread back into the economy (like payed workers do), rather than just sitting in the robot owners account to "trickle down." Another way of putting this: Slavery (or automation) are really great for the upper class who owns, but destroys the livelihoods of everyone below who has to compete.

Follow up question: How many inventors created their world changing machine in dreams of making more money for the upper class, vs how many dreamed to help all of humanity?

[commandlinefan]

> foreign interests will be the losers due to inflation.

Along with anybody with stocks or bonds (including everybody with a retirement fund).

[eanzenberg]

So overall dilution of the currency. Then, increase UBI some more to make up for it. Then, dilute the currency some more. Over a few cycles become the new Venezuela as most entrepreneurs leave for greener fields.

[viklove]

Easy solution -- we stop the process of QE and replace it with a UBI. Why is dilution OK in the name of big corps but the next incarnation of Hitler when it's for you and I?

[eanzenberg]

Because supply-side is what provides the country with the best economy in the world.

[oehtXRwMkIs]

Don't strawman, they never mentioned Hitler.