3 ms·

I think UBI would work with half as much cash. Maybe 4k / month if it isn't in addition to free healthcare. $4k per month is how much I spent in NYC not includi

I think UBI would work with half as much cash. Maybe 4k / month if it isn't in addition to free healthcare. $4k per month is how much I spent in NYC not including health insurance.

kwhitefoot 6y ago
And what most people seem to forget is that the vast bulk of the UBI money is immediately spent on local goods and services so it quite likely generates a lot of local economic activity.
- Ekaros 6y ago
  I wonder could UBI actually be a special payment system that could only be used for buying things and services. Maybe some reasonable part like 10-20% for cash.
  - thebean11 6y ago
    No thanks, whatever economic benefit you gain will probably be spent enforcing the rules.