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The UBI can be scaled by the cost of living index which will shelter it from inflation. We have a sovereign money supply for a reason. Let's use it!
by manyoso 11y ago
The UBI can be scaled by the cost of living index which will shelter it from inflation. We have a sovereign money supply for a reason. Let's use it!
- X86BSD 11y agoI keep seeing people say use the cost of living index. Do any of you realize what a fraud that is? They have taken out the two most expensive categories people spend money on to survive. Food and energy. And it's been like that for decades. That index is as useless as tits on a tree.
- manyoso 11y agoIt can be tied directly to inflation or even to GDP. See details here: https://medium.com/basic-income/wouldnt-unconditional-basic-income-just-cause-massive-inflation-fe71d69f15e7#.kz2s8ze9d https://medium.com/basic-income/wouldnt-unconditional-basic-...