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nah what would happen is payday lending style companies would give a one time cash payout in return for permanent collection of the UBI income stream. the real
by achenatx 6y ago
nah what would happen is payday lending style companies would give a one time cash payout in return for permanent collection of the UBI income stream.
the real problem is that 50% of the population has a below average IQ. No matter what you do 15% will end up in financial trouble
- sergiosgc 6y agoEasy. Legislate away the possibility of UBI being used to pay debts: In case of personal bankruptcy, UBI is unforfeitable towards debt payment. Lenders will quickly shy away from lending against a noncollectable "asset".