4 ms·

I would like to see a source for that if you could provide one :) If I was working full-time and could live comfortably off that plus extra UBI, I think the ma

I would like to see a source for that if you could provide one :) If I was working full-time and could live comfortably off that plus extra UBI, I think the majority of people would spend it on more luxurious goods (phones, laptops, drugs, etc.) which are mostly ran by/on outside/blackmarket economies... We're not sure of the magic number/ratio between "person will use UBI for basic, locally-sourced needs" vs. "person will use UBI for 'wants', sourced elsewhere" and I think there's so many factors that it will be hard (almost impossible) to come up with a palpable answer.

MisterBastahrd 6y ago
Source? Reality. Look at the savings and investment rates for the poor. Where do you think the money is going? Most people still source their large purchases locally, even if it's at a store chain, which keeps the local economy going because there are plenty of services used at those stores that are local. A guy who goes and buys a nice new luxury TV from a local Best Buy is still supporting local businesses indirectly because that Best Buy is going to have multiple contracts with local businesses for services.