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Exactly my complaint about UBI. You can't push money around; it's tougher than you, and will push back. But you can push a sack or potatoes. If a domestic po
by logfromblammo 7y ago
Exactly my complaint about UBI.
You can't push money around; it's tougher than you, and will push back. But you can push a sack or potatoes. If a domestic potato farmer tries to raise prices, a foreign farmer will be all too happy to undercut them to get back to the commodity price.
Instead of taking money from some and giving to others, it has to be invested in actual production, and the output granted to the recipients directly. If there are any middlemen involved at all, they will certainly reduce the efficiency of the entitlement program.