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by olladecarne 2082 days ago
I would love to see someone test the difference between a $35 a day vs $1000 a month UBI. The $35 a day approach seems like it would solve a lot of the problems people worry about with regard to misuse.
1 comments

How do you pay rent on that?
I assume landlords would want some sort of automatic standing payment set up so they get paid daily.

If daily UBI was implemented then society will find a way to take the money easily and at low/minimal cost (automated, immediate online bank transfers are free in Europe for many years now). I think landlords would be quite happy as it is guaranteed, no worrying if the person is employed or not.

However back to the original concern about people just spending all this money and having nothing left for essentials, a daily payment still has this problem (ie imagine paying all your UBI on rent with nothing leftover for food, transport, healthcare etc).

If transaction cost weren’t so high having daily rent deductions seems like a good way to go not only for UBI but for everyone.
They don't, they can pay rent like normal, and if they blow it, they get evicted and become homeless, but next once they get sick of being homeless, they can then learn to save their ubi for 2 weeks to pay rent.
You don't have to spend it all every day.
You save a portion of the $35?