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It is about giving more control to central bankers. Going fully cashless will make negative rates impossible to avoid. UBI can be more specifically targeted as
by aww_dang 6y ago
It is about giving more control to central bankers.
Going fully cashless will make negative rates impossible to avoid. UBI can be more specifically targeted as well.
Generally speaking, the money supply exceeds the total amount of cash in most countries.
- roody15 6y agoIn other words a dystopian nightmare :/
- Ericson2314 6y agoYeah really looking forward for UBI being "one click away", and ditching privatized crap like Venmo.