4 ms·
I have always hated the idea of UBI in any for it has been presented so far. Money means nothing if the price of everything shoots through the roof. Just yester
by 14 5y ago
I have always hated the idea of UBI in any for it has been presented so far. Money means nothing if the price of everything shoots through the roof. Just yesterday I paid $9.50 for bacon where a year ago it was closer to $5. Let’s not even get started on shrinkflation of items. Back to my point though we don’t need a ubi but a right to food shelter and water. Anyone who has been poor knows something will eat up this check and you will be no better then before. It may not happen right away but there are too many predators looking for your money. I don’t know how you could give everyone the right to food, shelter and water but that is what we need.
- Ericson2314 5y agoUBI doesn't linear scale all incomes and wealths, so we shouldn't expect it to linearly scale all prices either. The flip curse of the curse of high dimensionality is that adjusting interest rates or UBI has so wide and rich a space of possible effects, good or bad. We really need to try these things before jumping to conclusions.