The real issue is that the ledger game is a dynamic system. Just because the currency issuer credits certain persons’ accounts in one round doesn’t mean that th

The real issue is that the ledger game is a dynamic system. Just because the currency issuer credits certain persons’ accounts in one round doesn’t mean that those accounts won’t sooner or later be depleted in future rounds. The obvious example is how a UBI will assuredly drive up rents as landlords move to capture the additional capacity to pay. Frankly, the day that UBI passes Congress will be the day the rentier class realizes this. To use Taleb’s terminology, the rentier class have made themselves antifragile. Look how they’ve benefited from political chaos be it financial crises or pandemics.