Okay…now that we agree that UBI won’t produce any meaningful labor. What benefit do we get out of the trillions of dollars of debt we’d be accumulating?
It’s a classic economic blunder that dictatorships love to make:
1. Create money & rack up debt.
2. Produce nothing.
3. Create inflationary crisis and exacerbate wealth inequality.
4. Highlight your good intentions and relish your new position as champion of the people.
It’s a classic economic blunder that dictatorships love to make:
1. Create money & rack up debt.
2. Produce nothing.
3. Create inflationary crisis and exacerbate wealth inequality.
4. Highlight your good intentions and relish your new position as champion of the people.