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If I had a magic wand and could give everyone everything, I'd do it. But my wishes don't overcome basic supply and demand. Unless there's a lot more goods sud
by DougN7 10y ago
If I had a magic wand and could give everyone everything, I'd do it.
But my wishes don't overcome basic supply and demand. Unless there's a lot more goods suddenly being produced, prices will rise if more people want them and can pay for them, which will tend to cancel the benefits of UBI.
- jbmorgado 10y agoBut you have a magic wand that can give everyone at the very minimum the "basic needs", it's called better wealth distribution.