3 ms·
Not in financial terms. The money comes from the circulation. It's all just a money illusion. It passes tax points as it is spent and re-earned. The real goods
by neilwilson 6y ago
Not in financial terms. The money comes from the circulation. It's all just a money illusion. It passes tax points as it is spent and re-earned.
The real goods and services comes from outside the experiment. Scratch any UBI scheme and you'll find
(i) a tax credit system in disguise because the amount isn't enough to live on
(ii) a currency lock with an area that doesn't receive the payment and who fill the goods and services deficit, or
(iii) a set of people who don't receive the payment (usually due to a qualifying period), and who fill the goods and services deficit.