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You profoundly misunderstand the situation in the soviet economies - money became worthless not because money was easy to get, it was not as the salaries were v
by sologoub 9y ago
You profoundly misunderstand the situation in the soviet economies - money became worthless not because money was easy to get, it was not as the salaries were very small, but because of poor central planning (and good central planning is impossible, since you cannot see the future) resulted in shortages of everything. At an extreme example, my grandfather could buy a new car every quarter with the salary he received as high ranking military officer stationed abroad, but the line for the car was 3-5 years long, even for well connected individuals. What good is your money then?
The UBI society does not have that problem as no one is capping production because they view a particular good as a capitalist symbol or something.
- ajuc 9y agoMoney became worthless because you got more money than goods. The reasons for that are many, and irrelevant here - I do think UBI will have similar problem, because you give away money not covered by additional production.