What are the pros and cons of implementing a system of universal basic income in a wealthy economy?
who's going to pay for it? taxpayers?
redistribution of wealth kills entrepreneurial incentive, the economy would decline
>>1943436
Pros:
>replaces welfare, foodstamps, etc. with an expanded social security-esque program that trusts people to make their own decisions about how to spend money
>since it's unconditional, it doesn't disincentivize working
>can be combined with a FairTax-esque system to create a progressive consumption tax
>would cut down enormously on government bureaucracy for welfare etc.
Cons:
>obscenely expensive
>lots of poor people are actually too dumb to make their own financial decisions
>anyone with a net worth over $1,000,000 doesn't need it but we have to give it to them anyway (because it's unconditional)
>we'd probably have to give it to illegal immigrants too
>really just unbelievably expensive
>seriously
>it would cost more than social security and all welfare combined
Top 10% already pay for virtually everything. What will be enough for you fucking people?
Hey guys, i want to start buying ethereum but i dont know how to do it
i was looking for some info about this shit and found have to download the cryptocurrency or something like that, is that right?
Yea, and explain me something about the exchanges, whats da best and yea basically everything.
thnx and love u
>tfw no answers
>>1943419
Go on LocalBits order some bitcoin using your payment method of choice (it ha rebutable dealer) unless you live near a buffoon atm.
Make sure you have exodus downloaded that is a bitcoin, litecoin, etheriuk wallet which you can use to store your investments.
Make a bittrex account, send bitcoins to bitters and begin trading and any lonterm investments send back to your wallet.
Also just etherium classic, I think you've missed the etheriuk boat.
>>1943454
Bitcoin atm**
Sorry phone tries to correct all my words
how did this meme start? sharing knowledge about making money is one of the most important topics you could discuss. why dont people like to talk about it?
200 a week after expenses feels bad if i eat out everyday
>>1943414
Nobody wants others to know how much they make.
Poor people are embarrassed and rich people are afraid of being used.
>>1943414
I'm thrilled to talk to people about how much money they make and how they do it, they love it and if you act dumb / of average means / not a threat they will give away plenty trying to tread on you. All the times I'm standing there wondering why the fuck somebody would be telling me so much is why I say as little as possible about what I'm doing.
What kind of Ebooks sell the hottest?
What kinds of Ebooks are the easiest to make?
Does anyone here have one, and how much cash do you profit weekly?
Write steamy kinky romance shit
Man, trust m when I say, th furry shit has some of the best fucking niches out there. Too bad I wasted 5 years of my sad life doing lit at the local uni. I now manage to make up to thousand/month with my furry shit in kindle
I actually manage to make 10x more with my furry shit that takes me two weeks to write than with my actual fucking books ive been working on since 2009
Post ideas to make biz ultra rich.
INVEST IN KNAWLEDGE
>>1943358
Knee-pad factory in Bangladesh
>>1943358
buy vix calls, wait
I gave my two week notice before my orientation date at a new job am I fucked?
Not if you get the job.
>>1943816
I've never read anything more sarcastic than this.
First mill boys!!! That wasnt so bad after all.
What next on the agenda my negros?
Learn to speak like a respectable member of society.
>>1943312
Shut the fuck up you simp.
Can't a guy celebrate with his fellow schlomos after a long year of autistic planning and manipulating?
>allegedly has million dollars
>Speaks like the average ghetto nigger
Can I get rich by writing a book about personal finance?
>>1943274
Yes. Will you? No.
Now have fun going back to school tomorrow morning kid. Enjoy it while it lasts.
Sure you can. I wouldn't write a book about actual straight up advice in personal finance though. You should make the book interesting to most people, advertise the book well, and make it seem as the book contains a secret, how to get rich. Make it seem as your book is a tool for becoming rich, a passport to worldly wealth.
>>1943274
Technically no, especially if you self-publish, you can use it as a corner stone in creating a "brand" and becoming an "authority" so you can make the real money in selling packages, tickets to seminars, and whoring yourself out for other brand's through endorsements.
How lucrative could counting cards truly be?
There are a ton of tutorials, but it seems like I'm missing something.
>>1943229
What you're missing is that if you get caught, the best case scenario is getting forcibly removed and banned from the casino. It gives you a statistical edge over the house so it's not allowed anywhere.
It can be very lucrative. Takes a long time to learn though and casinos all use different methods for preventing it. Better just learn poker, way easier.
>>1943236
It isn't illegal though, and as long as you have only used whats in your head they are legally obliged to give you winnings. They can also legally ban you just as bookmakers can ban winning players.
>be me
>24 years old
>just got masters in econ
>offered a job from government
>51k starting
>60k at year two
>70k at year three
Is this cucked? I never really envisioned myself just working for the government forever, but the benefits and pay is pretty good.
Redpill me on not entering the private market.
>>1943181
what cuck country are you in, and what ministry or department will you be working for? if that's the only job offer you got i say you should take it. it will be boring but stable. you will become bald and pear shaped.
>>1943181
Is that a turk?
>>1943181
if that's what you're okay with doing then do it. government benefits are nice so long as the government never falls (never).
>>1943208
the only good one
RADS is in testing for Radium and Smartchain. This puts it in play and makes it's undervalued cost seem like a very cheap buy in.
It's still under .001 right now but speculation says it's expected to go to .004 this week.
How high do you think it will actually go?
What exchanges is it on?
Nvm.... Not enough volume needs to be listed on other exchanges imo...
it's on Bittrex and poloniex
You can find out more about rads at https://radiumcore.org/
Since /his/ said it would be better there.
Name ONE good reason why Central Banks are bad. Then ONE good alternative to Central Banks.
the problem is less with the bank, more to do with fiat currency
for example, if the Fed issued gold/silver certificates backed up by Ft. Knox we'd be in much less financial trouble
>>1943149
what financial trouble are we in now?
>>1943152
$20T national debt for one
the Fed has the power to completely fug the US economy out of existence if it wanted to
Sup /biz/, I need a sanity check on my idea to get even greedier.
>70k invested in market
>~15k more in assets including cash/car
>gross 45k/yr
I want to take out a large loan, like 100k, or as large as possible, and dump it into something like an index fund like pic related. I know the earliest money does the most good, and that's the idea here. With interest rates being so low I'm tempted.
Please talk me out of this or tell me to consider.
>>1943120
dump it into shitcoins
>>1943127
Thanks for the bump
that sounds pretty reasonable
I don't see why not, the stock market keeps going up
What are the best types of businesses you can set up online that operate entirely on their own?
How can I generate truly passive income?
>>1943108
Invest in dividend-paying blue chips.
>>1943110
I moreso meant online businesses i could setup that require just a little checking up on every few days.
>>1943110
aren't you losing money at 3%
plus everything is volatile as hell right now
>Be poor as fuck
>Get some money from dad
>Start studying accounting and get a job
>Save money and buy pizza joint
>Previous owner was terrible manager but I worked hard and made it work and improved it
>After 6 years of hard work I'm now getting $90 000 a year in a medium cost of living area
>Buy a used Porsche
>Still no gf and all the women I meet just want me for my money
YOU told me making money is the key to happiness! I still dont have a gf to hold at night and women try to mooch money off me! I hope you fuckers become homeless and get stabbed or something. Fuck you!
>>1943105
Congratulations, this is THE most autistic thread ever made on /biz/.
>all the women I meet just want me for my money
Oh sweetie, they all want you for your money. Or whatever else you can provide... Except for in the bedroom, they tend to outsource that ;-)
>>1943105
#1 Of course girls are attracted to you for money. All girls are EVER attracted to is power, in one form or another. Thats as good as it gets, quit questioning it.
#2 You aren't making enough money yet. Keep 10x ing that shit/