this post was submitted on 30 Dec 2024
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Universal Basic Income. No strings attached. Everybody gets it. There is no income threshold.
Yeah, the inflationary pressure would probably be insane and would constantly negate any progress. I'm not an economist so I don't really know.
I think that's a faulty interpretation of what an UBI should be.
Universal Basic Income should mean everyone Human has at minimum that basic wage. By their own means or with help.
Meaning ultimately that there are no humans living under X amount of money.