>> People will receive UBI, but then other things, like rent, food, etc. will all just magically get more expensive. Of course they will, but that's missing th

>> People will receive UBI, but then other things, like rent, food, etc. will all just magically get more expensive. Of course they will, but that's missing the point. The point is that the newly printed money will no longer enter the economy through corporations (corporate debt) but through people and this will change the fundamental dynamics of the entire system. It's about changing the flow of newly printed money and how it enters our economy. So instead of corporations trying to extract money from the government and banks and using their control over people as a bargaining chip as they do today, they will have to focus on actually delivering value to people and keeping them satisfied. Employees will not be disposable bargaining chips for corporations to get something from the government or from banks, people will be the focus of all economic activities because that's where the money is going to be coming from. Consider that in 20 years, there will be x times more money in circulation in the economy that there is today. Right now, all that money has to pass through the hands of banks and corporations first this makes people dependent on banks and corporations; this is an unhealthy and unjust dynamic because it's people who are creating economic value, not banks or corporations. Why is the government assuming that banks and corporations are the most efficient way to distribute new fiat money into the economy? Aren't people inherently better at figuring out what they need? Look where corporations got us, people are effectively being told what they need through targeted advertising.