> Basic Income will destroy the economy

>>140297067
and what will it do to CPI?

>>140297067
UBI would do WONDERS for the white race. Think of all the whites who would suddenly have the free time to give attention to social and political issues outside academic and media brainwashing.

>Measuring the economy in a unit subject to inflation

You guys remember when Zimbabwe had a GDP of $40 quadrillion? Man they must have been rolling in money.

>>140297067
It would cost more than 4 trillion to do, meaning that you would have to take 4 trillion out of the economy in order to stimulate it by 2.5 trillion. It would literally destroy the economy.

>>140297262
Don't worry about that. There won't be massive inflation and price gouging. Trust me, I voted for Bernie.

What happens to the national debt?

Liberals actually believe that "free money" exists. The minute people start voting themselves trillions in cash is the minute your society dies

But who pays?
Where does this money come from?

>>140297538
It already exists you stupid goy, it's called fiat money and fractional reserve lending

>>140297067
Basic Income sure worked well for the Roman Empire.

>>140297067
this is the dumbest thing, i would just raise my prices 1000% lol

>>140297067
Why not just kill poor people and eat them? Could you do that, theoretically?

>>140297378
You know the fed can print money whenever they want to right?

>>140297680
Jews. They literally give it away

>>140297795
Yes

>>140297895
>American dollar is worth 1 of itself
>America prints out twice as much money as what it's worth
>America is now worth half of what it once was worth

>>140297795

Theoretically, they can be fed to the cows for other people to eat.

>>140297895
And then the inflation skyrockets and it's basically no better than not getting it.

>>140297895
Ya what's the USD backed by ya idiot?

>>140297067
Gibi dah craka we free da cash now muh niggah we kangz now straaaaugght uppp

Shiiieeeeettt nigga ballin dah 1 honey grand a month niggah flipped to 5 honey flippin dices bets and sellin weed niggguuhhh

>>140297772
Do you really think people will pay $11 for a blow job?

>>140298057
That's not how it works dumbass

>>140297772
I'm not for UBI, but I doubt you'd see a major increase in prices. There's been incredible price inflation since 2008 without an increase in wages. So all you'd see is an increase in consumption back to previous levels. And considering the over capacity of everything, increased consumption is sorely needed. Also it would put a floor under RE prices after the coming bubble pop. Those reasons are why it's even in the conversation. I doubt it goes anywhere though.

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>>140297282
>You guys remember when Zimbabwe had a GDP of $40 quadrillion?

Pic related.

>>140298094
>cows
>eating animal flesh
you what

>>140297067
only if it wasnt fiat bullshit currency

>>140297067
What are the restrictions? Per household? Per adult over 18?

If it's anyone over 18 then we're looking at having to pay out ~250 million dollars a month which is nearly 3billion a year just to pray and hope that the idiots spend it all and not bank it because then the plan fails since they are relying on people circulating the cash.

>>140297772
>>140298246
B T F O
T
F
O

>>140297067
Wouldn't work honestly, paying you an equal wage is very circumstantial. Meaning it might not necessarily be a living wage, depending on how the market fluctuates, and even so do you think an increase in the economy will be something we personally see?

No the government will either line their pockets or create more wars, or other useless social programs. It also cannot exist on the simple premise people aren't willing to give up their accumulated wealth. Millionaires don't stop being millionaires, just like billionaires don't stop being billionaires.

All this does is fuel their pigeonholed on the market and economy, it's all about control and regulating your paycheck is a big part of this. Stop giving them this power, this kind of politics should stay out of the freemarket.

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>>140297067

hope you dont mind some more "refugees" to enrich this UBI system

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>>140298453

>>140297715
That's the game. How much do you turn the spigot? When you're an empire it just comes down to how many boom crash cycles you can predict/react to.

That and war. Lots of war

>>140298453
We all know they are the richest family in the world higher then the illuminati we call them the Rostsniggachild the family

>>140298333
That's exactly how it works, dumb ass.

Supply and demand. Double supply, cut demand in half.

Double money supply, inflation causes each dollar to be worth half of what it used to be. You must be trolling.

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>>140297067
Frees Moneys? Give's me's Dats!!!!

>>140297067
>oy vey goyim this will grow the economy
>nevermind what we said about (((Reaganomics))) we're serious this time

>>140298181
Inflation has already been skyrocketing for decades. This would just be kicking the can down the road.

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>"I-I hope there's enough UBI for all the New Europeans...

>>140297067
You faggots are so retarded when it comes to basic economics that it's beyond cringey. Want to know what will happen if you retards get your gibs? UBI will be the new zero and political races will be about who can promise you lazy fucks the highest UBI.

>>140298453
WE WUZ ASTRONUTS AND SHEEIT

>>140297538

>Liberals actually believe that "free money" exists

It does - you take the money that you were going to pay your employees, and you put it into stocks. You pay your employees with payday loans, which not only assures that you can pay them - you can get more return on the stocks than you have to pay in interest on the payday loans.

The more money you can bring in, the more stocks you can buy. Walmart sets up a store everywhere because they can make money on interest via stocks - the profit comes not from the business, but from the investment capital generated by the business.

All Walmart has to do is undercut their competition's prices, and they print money - even if they sell every product at a loss. Everyone does this, and that's why the USA has a shit economy and everyone lives with their parents.

Just hijack their system to give everyone UBI. If it works for private enterprise, it'll work for the government.

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Oh, here's some more migrants ready to enrich our society by receiving UBI. Hope we can feed and shelter them all for free!

>>140298627
1000 a month free and end all other social programs seems like it'd benefit everyone more and get rid of the dregs of society. Plus probably is cheaper

>>140298333
You're right, theres just twice the supply of money and on the long term everything will tend towards 2x value to deal with the new inflation.

>>140297067
>tax productive citizens 3 trillion
>hand out 2.5 trillion to poor people (Goys don't know about my administration fees)
>poor people spend 2.5 trillion on the shit my buddy had manufactured in china for a couple grand
>????
>literally profit at the expense of others
It's like they think the government has infinite money...

>>140298333
thats actually exactly how it works you fucktard.
That would even assume the nonfiat value of the money would stay constant though. Realistically, If you were to print that much money, the actual value of the currency would be more than cut in half. You are starting to see that now but since they can't print that much money overnight, it is a gradual change.

>>140297680
nobody has to pay!! The money is just made and will be put into the economy lolz!!

>>140298893
Do you mean "shares", you fucktard? Christ Almighty

>>140298893
>The more money you can bring in, the more stocks you can buy.

The problem is when you SELL stocks. The second you try to pull your money out...the stock tanks.

You lose money. It's a system where you can check-in at anytime, but you can never leave. Welcome to the Hotel California...

If it's per household, it would be 125 billion a month. 125 million households x 1000 a month.
I don't know how anyone could think that doing 1.5 trillion worth of stimulus every year is a good idea.

>>140297067
No fucking shit it would destroy the economy

>>140298795
No. This would be around a 40% inflation rate in one year. That would absolutely devastate the economy, and would lead to either an inflationary or deflationary spiral.

>>140298333
I think he meant that the american dollar is worth half of what it would have been and not "America"

>>140298333
School must start tomorrow for you little buddy

>>140297538

Banks use free money to create loans to make you do actual, physical, 4d work.

Money that literally has never and will never actually exist. Its slavery.

>>140297067
If my girlfriend and I got $1000 a month each for free, we'd never work again. Doesn't matter that it's not alot of money. It's enough to live on comfortably if you don't go out to eat all the time.

I feel like most people would do the same. Get hitched, pump out kids and support them on GIBSMEDATS money, and then just use that money to live forever with their $10,000 a month courtesy of their 10 children.

>>140298246

Siiiiiiiick burn

>>140298971
But it's about power too, considering this. It would boil down to who has the most money and control. In today's market you can either become very rich or very poor, in a income equality society that would be virtually eliminated.

>>140297378
/thread

>>140298333
except thats exactly how it works

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Where does all this "free money" come from?

>>140297262
they'll stop listing key commodities and pretend everything is still fine, that's the socialist way :^)

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>>140297067
> Literally helicopter money
> "Smart" people arguing for this
Ffs nigga what the fuck are you clowns smoking?

>>140297795
t. J. Swift

>>140298189
Oil?

So lets say I'm a slumlord.
I have some scroungers willing to pay $1000 a month in rent, and I know they're three adults splitting the cost. I know they have $3000 more income than before the UBI.
I raise the rent to $4000. If they can't pay it, I know I'll find new tenants. Fuck them.

>>140297067
>bullshit claim with nothing

every dollar you give to a poor person will be spent, giving a boost bigger than the original dollar
every dollar you give to a rich fucktard will be hoarded and never spent, removing the dollar from circulation and turning the economy to shit-tier

nobody is saying how to do basic income, so claiming the world will end is TOTAL BULLSHIT

nobody is saying it has to be a thousand per month or anything you piece of shit

it could be a dollar a year, ten dollars a day, five cents a minute, and all you care about is that it would be helping people and you don't want that.
you are turning cartwheels to distract from the fact that you want everything to turn to shit so you can feel better about being a douche

>>140298535
Your calculations are missing three zeroes at the end

>>140299742
>"Smart" people arguing for this
He doesn't know that academics are literally welfare queens. Where do you think they get the money for all their "studies"?

>>140297067
as soon as they automate the trucking industry there will have to be a UBI.

>>140297067
wait, so my taxes would go up even more, just so i could pay for some lazy nigger to keep being a lazy nigger?

no, i do not like this, i already pay 2400 and change per paycheck in taxes, i don't want any more bulshit government spending.

>>140299197
>>I don't know how anyone could think that doing 1.5 trillion worth of stimulus every year is a good idea.
If they just implemented UBI without changing anything else then yeah it would be dumb because people would get UBI + unemployment + food stamps + whatever. The main draw to UBI is that you can cut away large swaths of the bloated and inefficient government that spends big bucks employing armies of paper pushers in favor of just cutting everybody a check. Plus the government doesn't need to concern itself so much with our personal lives since it has to constantly check in on us because fraud is a big deal

Furthermore, it gives citizens a distinct advantage over illegals since illegals will definitely need a SSN in order to receive benefits.

>>140297067
>Spend 3 trillion dollars (250 mil US adults x $1000 x 12)
>Grow economy $2.5 trillion

Wonder how sucking Keynes 70 year old dead dick tastes like.

>>140299822
Rich people don't hoard money, they invest it, you fucking retard.

>>140297262
>>140297263
>>140297282
>>140297378
>megaderps megaderping
You blabbering fools. This isn't meant for white people, it's meant for the millions that will become permanently unemployed as more AI and robots take their menial, repetitive labor jobs. Most of these people are going to be over 30 years old and it would take years to retrain them to be employable in the new STEM, software, AI and creativity (STEM innovations) economy.

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https://www.youtube.com/watch?v=HBgJqgUmSZE

>>140297067
>Spending $3.84 trillion will bring back $2.5 trillion
Pretty sure that's a trillion dollar loss but ok.

>>140297067

>Oh jeez guise, wouldn't it be good if everyone just got free govmint gibs for existing? That means we can all just live and follow our dreams!
>Oh jeez guise, it seems like no one wants to do the shitty jobs no one wants to do! We might have to get some ethnic immigrants in to do that kind of work for us
>Oh jeez guise! Seems like because we hand out free money our currency has lost value in the world! We should probably just have one currency for the whole planet, right guise? That means poor people will be better off!
>Oh jeez guise! Seems like we need a world government to have a world currency! I guess all 10 billion of us are going to have to vote on the President of Earth and all policies!
>oh JEEZ YOU GUISE. IT'S LIKE 12 BILLION PEOPLE CAN'T AGREE ON A SINGLE PATH. I GUESS WE NEED TO JUST DO IT WITHOUT YOUR INPUT
>OH JEEZ OH MAN GUISE, WHY WOULD YOU PROTEST THE WORLD GOVERNMENT? YOU TROUBLE MAKERS NEED TO BE REMOVED FOR THE GOOD OF EVERYONE

Rinse and repeat.

>>140300157
So flat tax no, but everyone getting a cut from the corpse of low-income benefits programs no problem.

>>140297538
>Liberals actually believe that "free money" exists
Yet they claim to be smart.

>>140299990
Yup

>2017 total US government spending on welfare - federal, state, and local - is “guesstimated” to be $1,117 billion
>including $716 billion for Medicaid, and $411 billion in other welfare.
That's a lot of "free" money that US is pumping out even at the very moment.
Keep in mind that UBI would replace a lot of this stuff.
At least that's how it's planned over here.
It's supposed to replace the absolute mess of a social security system we currently have in place.
It's being tested and the faster it becomes a thing the better.

>>140299990
Also this.
It's really an inevitability during the next 15 years.
Automation will create a new class of long term or permanently unemployed people, who need that safety net.
Killing a double digit % of your newly unemployed population isn't exactly a realistic option.
But it's not going to be as rosy as people think. It will most likely involve a lot of "voluntary" work.
Participate in it and you get the full UBI, don't and it gets cut in half.
We have this system in place with the social security system. Government can force people to enter programs with big cuts like this.
Still no one gets left absolutely without money in any situation.

>>140300276
>give niggers more money to breed and replace us because we were technologically capable of making them unnecessary.

Fucking why? Just let them try.

>robot army.
>advanced technology.
>vs. street niggers

>>140300554
>Keep in mind that UBI would replace a lot of this stuff.

If you think they'd cut that other stuff, I have a bridge in Alaska I'd like to sell you.

>>140299819
You list your job already when signing a lease and usually a credit check also now. So what's to stop them from doing this now?

>>140299186
Japan gets it'

It's like Amazon. Their stock Is basically a bank.

>>140298246
>11 dollar blowjobs
Where is this place you speak of?

The only people who are against the idea of a basic income are Jews and those non-Jews who can't imagine a non-Jewish system of finance because they have been cucked to hell.

>>140299242
Where the fuck did you pull that figure from, out of your ass? A 40% inflation rate in one year will never happen.

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>>140297067
A basic income is guaranteed to increase inflation. The question is in my mind, will it be catastrophic?

The problem with a basic income is that you have to utilize taxation to pay for it. Meaning, you have to take money out of supply (investment,) and bring it toward demand. This isn't a problem for a token amount of money, as taking some excess money that investors have could be functionally redistributed to improve demand. The problem is that if I have to take a tremendous amount of money out of investment capital, through taxation, and redistribute to demand, then there won't be enough capital left over to compensate for that increased demand.

IE: If I tax industry a percentage of its profits to give people money, which increases demand, there won't be a corresponding increase in supply, because the capital used to invest in more goods is instead utilized to pay for basic income.

It's like a snake eating its own tail. As the basic income taxes away from businesses, businesses won't be able to compensate with increased demand because of the taxes that take away its ability to produce more supply.

The question therefore is, how much inflation does a Basic income generate? And would the optimal amount of money that a Basic Income could provide could even be enough to live on. IDK. It "feels" like a bad idea to me.

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>>140300999
Also couldn't it be limited to people earning less than say 50k? No reason someone making 6 figures or more even needs the 1000/mo

>>140301051
>a 40% inflation rate will never happen.

If you increase the money supply by 4 trillion dollars, it absolutely would. The current money supply is around 3.8 trillion. You would be doubling the money supply, so 40% is likely a low estimate.

>>140299990
>as soon as they automate the trucking industry there will have to be a UBI.
As soon as they industrialize farming there will have to be a UBI. It's bullshit, low-skilled jobs will just evolve into something that wasn't there before. Most likely in maintenance of said automated industries.

>>140301467
hell, even if you use M3 (7.8 trillion), you are increasing the money supply by 40%.

>>140297067
I would be happy not to pay any federal taxes. I have to manage my money, they should have to do the same.

>>140298246
bantz

>>140297067
>$1000/mo/pp
>300mln ppl, 12 months
>300bn*12=3600bn/y
Kek, that's the entire UD federal budget and some more

>>140298893
>the profit comes not from the business, but from the investment capital generated by the business.

Keep in mind without Quantitative easing (Money Printing for shares,) what you are describe would be unsustainable and businesses with that model will go kaput.

>>140297067
Pretty much everyone knows by now that voodoo economics is bad for economies. The rich just don't fucking care. It may grow the economy to defy reaganomics bullshit, but it doesn't grow the wealth of the RICH as fast as it does now, and that's all they care about.

>>140300334
Look at it this way then. Benefits are never going away because they're so ingrained into our laws and people depend on them so much. It's basically an endless game of wack a mole. So how do you get rid of them without actually getting rid of them? Convince people that there is a newer better system called UBI that people will vote for then all you have to do is suppress UBI down to smaller and smaller payouts.

>>140301378
>The question therefore is, how much inflation does a Basic income generate? And would the optimal amount of money that a Basic Income could provide could even be enough to live on. IDK. It "feels" like a bad idea to me.
This is basically the crux of the issue. Benefits aren't going anywhere without a replacement but which would impact us worse, benefits or UBI? A quick internet search reveals that there doesn't seem to be any good examples of UBI working or not working. Personally I would rather not bet the economy I'm currently in on an untested economic system.

>>140301378
You misuse the black ouroboros at your own cost, idiot. Those who fail to learn the lessons of history are doomed to consume themselves. And this spin of the wheel it's capitalists.

>>140300763
Market pressure. The gubmint isn't giving out $1000 gibz checks right now. If they start printing money, every landlord will do exactly what I said.

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please please do UBI... I can't wait to see you all starve to death in the streets

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>>140302420
>Those who fail to learn the lessons of history are doomed to consume themselves.

Exactly.

>>140299819
There are laws against rent hikes.

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>>140297067
Because welfare has really helped the economy of the inner city! Just look at what it did for Detroit!

>>140302738
Price Controls are like Banana Republic tier economics.

>>140302053
This is a rehash thread. To increase the economy $2.5T, Silicon Valley dipshits suggest printing $25.2T

>>140302738
In California our rent when up %50 in a year to take advantage of the $10.00 minimum wage. There is now laws against rent hikes.

>>140297067
Yeah just like how everyone in Zimbabwe is a billionaire

>>140302738
Sure, in rent controlled areas. The entire country isn't rent controlled, just shithole democrat vote slave cities.

If you think about it, nature itself is the equivalent of UBI. Take, say, the bear: excluding the human element, this species is guaranteed a place in the foodchain, and lands to roam freely in. Does this fact somehow ruin the food chain? Do free berries on a bush impact the food chain and destroy the ecosystem? No. UBI will be the same.

>>140299727
how about we seize it from the fucking thieves that stole it all
theres over 67 TRILLION dollars owned by the rich most of whom stole/cheated/lied/defrauded/scammed/etc the money in the first place
they have no right to that money
fuck them to death
that's what they do to us in spades every day
using it for a tiny ubi isn't going to cut it
it has to go to other stuff too
they got the money
more than you could ever fucking spend at walmart

>>140297067
professional neet? im fine with this.

>>140297067

Before universal income

>Pay 1000 in rent
>Make 2000/month after tax
>Spend 200 in utilities
>200 in food/groceries
>Save 600

After universal income


>Pay 2000 in rent
>Make 2500~/month ( guess who's paying taxes)
>Spend 400 in utilities
>400 in food/groceries
>Save near to zero.

Meanwhile Tyrone and his baby mamas are unemployed, have EBT cards, section 8 housing and now free monthly cash handouts.

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>>140300325
The issue is that unless we ban AI we'll see automation take over almost all jobs. We could conceivably reach a point where a very small handful of extremely wealthy technocrats are controlling a fully automated economy. What then? The biggest problem with UBI is that it enables degeneracy, people won't have a reason to better themselves and their communities. What if the solution is to design a revamped society with a new kind of meritocracy? One that acknowledges a world of post-scarcity. How do we keep people from becoming hedonistic takers in a world of unlimited wealth?

>>140299819
renting should be illegal
i'd love to shoot every fucker who sneers at the people they rip off every day

>>140303378
You are a fucking moron.

>>140297067
Instead of basic income how bout stop taxing us first?

>>140300216
>pretends investing isn't hoarding

wew

>>140303280
In theory, competition would prevent the costs from going up. So if Wal-mart did a price increase on all of their food, Kroger could still keep their prices and eat up Wal-Mart for lunch. In places where their isn't as much competition, like Housing or Healthcare, then you'd see prices rises.

In theory at least.

>>140297067
>give all them nigger 1k

>nigger be spending it on shit be all holy shit we got so much cash

> that 1000 dollars is no calculated to the price making it useless

>>140303274
The entire world annual GDP literally isn't even 67 trillion.

>>140297680
Put a limit on the profits a corporation can make and use the rest.

>>140297067
What economy?

>>140303343
>We could conceivably reach a point where a very small handful of extremely wealthy technocrats are controlling a fully automated economy. What then?

We kill the poor people.

>>140303185
There are no magical berry bushes growing 200 bushels of bear food every month.

>>140297067
Basic income will certainly work so long as it remains a manageable percentage of GDP. After 10% or so, it becomes healthcare all over again. People will simply look at is as depending on the government is just better than taking care of themselves. Good luck with that.

>>140297067
>$1,000 a month?
Where the fuck are you gonna live on that?

>>140301378
>guaranteed to increase inflation
no
>you have to utilize taxation to pay for it
no
>you have to take money from here blah blah
no
pretending that these things magically have to happen a certain way shows you to be either brainwashed retard or sleazy shill
either way you don't know jack shit about it

>>140303669
>What economy?
The jewish one

>>140303990
You gonna quit working? How do you live now?

>>140303990

He guf boi he need dem clothes fo scool.
Whos gon pay fo mu childrun.

>>140304104
So where is this magic money tree asshole?

>>140303786
By then the only wealthy people we be the Jewish technocrats. The middle class and working class will be gone. Unless you have a PhD in robotics and a dual Israeli citizenship you're fucked

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>>140304104
Do you suppose we print the money?

ubi is capitalism's way of self sustaining it's existence, what worries me is that eventually capital will reach a point where it won't need us to do anything

>>140304352
Number one reason why I'm not a Marxist in the 21st Century.

>>140298057
Anon. Printing money is an absolutely retarded idea. But doubling the total money supply doesn't reduce the total value of that money supply in aggregate.

It just halves the unit value of each dollar. So prices double to meet the new market cap.

>>140297772
Omfg, yes! this is what i can't believe nobody else gets when they act like an equal amount given out to everybody will not change the value of that $1000. Why not just make it $10,000 or $1 million? Without government price fixing in place, it will only make the cost of everything go up. if everybody is universally given $1 million dollars, that doesn't make everybody millionaires, it drives the value of a $1 million dollars to worthless.

>>140297067
>Ingecting 3.6 trillion into the economy annually will grow the economy by 2.5 trillion over an unspecified time frame
And this is why stupid people need to be banned from voting. Paying 300 million people $1k per month? Why not 2 or 3k? Why not a million?

>>140303951
It's called agriculture, and it's heavily subsidized by governments all over the world. The food you eat is already produced in part by pseudo-UBI - full UBI for all is just the next step.

>>140304166
>You gonna quit working? How do you live now?
UBI is not in addition to what I make dick breath. This amount is being suggested because no one will have a job due to automation. I'm sure you plebs will do just fine in mommys basement.

>>140297378
/thread

>>140304104

I'm lmaoing at your economics.

This is why commies can't rule prosperous nations.

>>140304104
Thousands of years of trade beat your pie-in-the-sky. Study Adam Smith. Learn basic economics. These concepts don't just fly out of our ass.

>>140303990
anywhere but NYC/SFBA?

>>140300285
They should do the part where the govt taxes 25% of that 20k

>>140303561
Mega-corps have no incentives to compete in that way. Look at telcos/mobile carriers/ISPs. You don't see any competition now because they all price-fix. There is enough natural spread for them to all be very profitable. So if you increase the spending capacity of the general consumer, every business is just going to increase their prices. Its free money for them.

>>140297067
>destroy
>$2.5T growth

>>140297067
If I'm thinking about this right consumer spending will increase and investment will decrease. So we'll be shifting away from building for the future towards so we can have more today. It's like niggers.

>>140304104
Holy shit, you are literally retarded as to economics. Literally one of the three has to happen to finance it.

Either you deflate the currency.
You increase taxation.
Or you cut currently taxpayer funded services.

I challenge you to explain to me how it can be paid for any other way.

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>>140297067
i am for this under the condition that America is a white country again

>>140299741
>they'll stop listing key commodities and pretend everything is still fine, that's the socialist way :^)

True. We can always boil our toilet water.

UBI will never work. Ignore the inflation problem for a second. There will always be people who won't spend the money responsibly, meaning that welfare will be absolutely required if we don't want to let people just die on the streets. Welfare+UBI is not even remotely possible to sustain.

>>140304352
Resource scarcity will always exist

>>140304696
Depends entirely on the market. The cost of things like cars, televisions, and computers, have all gone done across time, while food remains constant. Some markets are naturally monopolies (ISPs/Healthcare) or are restricted by the government (Housing) so price-fixing becomes informally normal. If Mega-Corps can fix, they will fix. But in most markets, they actually can't.

>>140304528
>This amount is being suggested because no one will have a job due to automation
That's not what the study suggests. It's EVERYONE regardless of need.

>>140304703
> What is greentext

>>140301612
>It's bullshit, low-skilled jobs will just evolve into something that wasn't there before.
not necessarily.

>>140297067
Creating a world of dependent, worthless, subservient people.

>>140305177
>That's not what the study suggests. It's EVERYONE regardless of need.
That will never work Anon.
If I make 90 grand a year and some nigger on welfare gets a 800 month. You think everyone will be ok with that?
I now make 102 a year.
Nigger makes 12 grand more.
This whole idea is lunacy.

>>140300276
>white people won't be unemployed by automation
ALL THE COAL MINERS BECAME ENGINEERS!

>>140303654
what a dumbfuck
i wasn't talking about some faggoty "domestic product produced anally"
you have no idea how much money has been squirreled away, including several gigantic price bubbles, but i'm not talking about what is produced but what exists now in their pockets
are you really so ignorant or naive as to think all those billionaires don't own anything or control more than they pretend to own
why can't you stake a claim on some land somewhere? they already bought it all and control the rest - you are not allowed to create a place to live here - the homeless are being denied homes of any sort unless there's a fucking landlord ready to soak up all that public cash
no landlord - no home allowed
ownership society is to give everything to rich, deny it to the poor even more, poison everything, turn everything to shit for everyone but the rich

and what do we have? just that

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>>140297067
And where does this handout come from?

>>140305626
>And where does this handout come from?
I'm sure zuckerberg, buffet and gates are now handing it out.
No wait.........

Maybe you NEETs will understand this:

Ever play a MMO?
Ever wonder why shit is so expensive in the AH?
Ever buy gold?
Ever see a RMT purge, and watch prices plummet on the AH?

That's inflation and deflation. Money supply is huge, and everything is way overpriced.
When they purge the RMT, they decrease the money supply and reduce liquid cash in the market.
The reduction of gold causes deflation of prices. Gold becomes more precious.

UBI is like RMT flooding the money supply with gold. You'll be paying 10k for your fucking shitty subligar.

>>140297067
>growing the economy
>probably means GDP
>government hands out $1000
>counted as GDP
>recipients spends moneys received from government
>counted again as GDP
>companies use money received from recipients of government hand-out on employee salaries (among other things)
>counted a third time as GDP
is that about right, /pol/?

>>140304558
not a commie you faggot

laugh away
people who think there is a sort of "money magic", where each dollar magically knows what every other dollar and coin is doing....
..are retarded
if this describes you, then you are retarded.
since i haven't explained my economics or the details of anything, but rather just knock truck-sized holes in retarded claims of others - that makes me a troll, not a commie or retard, thanks

>>140300276
>AI

welp you nig, i have news. You're going to get fucking thrown into actual hell by the AI. Good Luck with that whole economy thing though.

>>140304597
adam smith was a literal batshit retard
anyone who thinks that fucktard is worth following is stupid as fuck
most retards who follow adam smith also slobber over hayek, who is even worse

either you know its bullshit or you are a brainwashed retard
there are no other options for you

grows the economy by 2 trill. Increases the inflation rate 1000% to the stable state of 1tril=1bil. Heh, nice solution kid...

>>140297378
Thank you deciphering Keynesian economics for us.

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>>140305807
1,000 a month for everyone in the United States. That's about 320 million people, but for the sake of this discussion we'll use half of that, to exclude very young children, the very old, and the people who are rich enough to not need this (((handout))), so we'll say 160 million.

160,000,000 people receiving a handout of 1,000 a month. This is a monthly bill of 160 billion dollars. If you seized the entire net worth of the people listed in your post and distributed it, you might have enough money to fund this for about 2 or 3 months. What happens then?

>>140306449
Not an argument. You aren't getting your gibz check. Spending $25 trillion to increase the economy $2.5 trillion over 7 years is not going to happen.

>>140304836
the concept of money is still blinding you to the reality of what currency is and what a fiat currency means.

we talk alot about memes around here
but you pretend these memes are fucking real
it always pisses me off how people get bullshitted about macro, who think its all just like sitting around the kitchen table balancing your personal fucking checkbook and you pat yourselves on the back for feeling so clever.

you make me sick

>>140306638

tax the shit out of corporations that have more money now because they don't have to have ridiculous legal and accounting teams trying to figure out how to pay nothing in taxes

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>>140297282
Just to inform you US$1 = VND 16,150,000
This is what Dong is like for the the locals at 'nam now. I only did this because someone is going to look at the comments for an idea of what he meant.

>>140297067
>only costs 3.6 Trillion per year
>Grows the economy by 2.5 Trillion

hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm

>>140306855
See #3 here: >>140305626
>You cannot tax a nation into prosperity

>>140297067
I mean, I guess if you printed off 1000 per month for every one, the economy would numerically "grow"

>>140306818
>not an argument

who said I had to argue? can't I just call you a cunt and move on? because you suck so far and I'm probably going to leave in a bit

>>140297067
>goodest goyim get jobs in administration
>good goyim get jobs
>poor goyim get basic income to compete with good goyim and keep wages down
>bad goyim get nothing
>worst goyim get killed or enslaved

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>>140300276
>believes in the ai meme

>>140307301
>"No thanks Adman Smith, we really like crashing the economy every 8-11 years."

>>140297378
/thread

>>140303343
I don't think these types of realities are going to occur. Think about how many jobs there are right now, in developed countries. There's about 2/3 of the US doing shit tier jobs. There will always be these kinds of jobs. Most of the shit jobs are already service related, and most of them will still be necessary with robots. Then you will have a bunch of labor type work that robots can't do efficiently, or that requires thought. Most of the higher paying jobs either can't be automated away, or are already complete nonsense positions where entitled boomers get paid to browse facebook and be incompetent. These jobs won't get automated, but they might get chopped at any time regardless, my guess is probably not until their even more entitled boomer bosses die and get replaced.
The robots will only serve to make things a lot cheaper and easier for everyone, and maybe shear off a chunk of shit jobs at the bottom, while creating a ton of robot maintenance jobs, which will see massive training centers open up to generate labor for these jobs.

I don't think robots are going to wipe out quite as many jobs as people are predicting. Think about how many jobs there are right now, in developed countries. There's about 2/3 of the US doing shit tier jobs. There will always be these kinds of jobs. Most of the shit jobs are already service related, and most of them will still be necessary with robots. Then you will have a bunch of labor type work that robots can't do efficiently, or that requires thought. Most of the higher paying jobs either can't be automated away, or are already complete nonsense positions where entitled boomers get paid to browse facebook and be incompetent. These jobs won't get automated, but they might get chopped at any time regardless, my guess is probably not until their even more entitled boomer bosses die and get replaced.

>>140307997
cont


The robots will initially serve to make things a lot cheaper and easier for everyone, and maybe shear off a chunk of shit jobs at the bottom, while creating a ton of robot maintenance jobs, which will see massive training centers open up to generate labor for these jobs.

the robots might be the saving grace for kicking the worthless-fed-money/wagecuck/gov'tcorp-pillaging can down the road for even longer. The robots themselves, while delaying the inevitable collapse with some deflation, may accelerate it in other ways. As corporations begin to invest more in robots as their workforce/security, this will sever the last pretense of a connection with the public, and the battle lines will be drawn clearly. The establishment money-power and their army of robots, vs the disgusting peasants.

The truth will be known after the police state terror truly begins, as GOOGAZON.GOV operatives are knocking on your door, and you see them curb stomping your neighbors, as their kids are crying "we could have prevented this", you will know in your heart, /pol/ was right.

there's a lot of different ways to do a basic income
and other things as well
but as long as the criminals run the show and all that, what's the point?
they need to be stopped
once we've stopped the bullshit then it would be time to talk without bullshit being allowed

you kids think its funny to bullshit everyone everywhere, but it is one of the worst things in the world to lie for nasty reasons, like greed, or piece of ass

some of you still think reaganomics, based not on intelligent economic theory but on batshit fuckers like hayek, is literally the greatest thing

some of you know that its bullshit
some of you believe the bullshit totally
when bullshit is illegal
all your shit is coming down
all of it

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>>140297895
>>140298795
>>140298333

this is you

here´s

>>140302665
Imbecile. No more warnings. The time for you to change has passed. Now comes ruin.

>>140297067
You know prices are based on how much people can buy. The more money people have the higher the prices will be, and later you end up with noodles costing $10 and an iphone $10,000 because everyone has a 12k disposable handout per year


Think about it, I have $1000 dollars for free every month, it will make you reconsider how much you want to sell me things for


What's up with this 'free stuff' economy

>>140297067
I really don't think it would fix anything, and I'm also pretty sure everyone would just raise prices on everything if every customer suddenly had 1000$ dollars more.

>>140297410
It's just a wealth transfer.

Basically it will incentive products for the middle class instead of catering to the upper class.

Also rent will increase by 1000 dollars per month...

>>140297262
Don't pretend like they even know what CPI is.

How about instead of a basic income.

Government just does away with income tax. Let me keep every dollar I earn

Sales taxes only. Everyone gets taxed the same rate.Rich Poor Middle class. Same tax rate. It is all based on consumption. The more you spend the more you pay.

>>140308466
Kek. You take yourself so seriously. Do you really think you or I can fix mankind ill's if we were just given "all the power?" This planet is a mess whether run by Capitalists or Communists, because its full of humans. Don't lose perspective of this when chasing your utopia.

>>140297067
>Have financial backup.
>Can take more risk to start a business to potentially earn even more money.
This does not work with multiculturalism because it's the whites and Asians who will be most driven to create stuff while other races will only consume.

> trump tries to lower poor people's (and everyone else's) taxes by a couple thousand per year
libs scream that'll tank the economoy, muh tax cuts for the rich, etc
> idiot proposes free money for everyone, 12 thousand per year
libs say GREAT IDEA, SO BRILLIANT, ECONOMIC BOOST

how do we restore the buying power of the american dollar?

>>140297067
Growing for the sake of growing is the mentality of a cancer cell.
Whats the point of growing if inflation destroys purchasing power.
Sure , now the economy looks bigger in numbers but society gets more fucked up

>>140297067
All intelligent, clear headed, right thinking people know that unless all wealth is ultimately funneled to the plutocratic globalist elite and their close underlings, the economy will collapse. Seriously you guys, work 90 hrs a week in a sweatshop, or things will really get bad. Get back in the field nigger, or you'll suffer.

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>>140297262
/thread

>>140309136
Yes but the people at the very top benefit the most from constant growth. They don't care if society falls apart so long as they can continue to fuel their own hedonistic lifestyle.

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>>140297067
>But what if we print unlimi-
Oh shit they're not supposed to realize how we do that

Oh fuck, Bitcoins will be worth $100,000 at that point

SHUT IT DOWN

>>140297262
The 10 dollar Big Mac

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>>140297262

We all know the answer

>>140297378
>Implying the economy can go broke when you print money worth nothing at the push of a button with no audits ever

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>>140297466
Infinity of course

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>>140304481
DUDE CONTROL OF THE MONEY SUPPLY DOESNT WORK LMAO

>>140309719
whoopsy-daisy we're already there!

Didn't want to take care of a house anyway, too much work

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>>140309856
>Why are home loans so low?
BECAUSE THE FINANCIAL SYSTEM IS A SCAM AND I DONT WANT TO BE A PART OF A COLLAPSING HOUSE OF CARDS YOU SHITHEADS

WE WILL HOLD OUR SHITCOINS IN HOMELESS SHELTERS USING OBAMA PHONES IF WE HAVE TO

NO SELLING UNTIL THOSE THAT CONTROL THE MONEY SUPPLY ARE MADE TRANSPARENT

>>140297067
>1000 per month per person
>Over 300 million people in US
>1000 times 300 million
>300 billion
>300 billion times 12
>$3.6 trillion a year
Fuck you OP

>>140297067
Sheet with 1000 big ones every month I wouldn't even have to work

>>140299777
Trips telling the truth

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>>140309136
>Sure , now the economy looks bigger in numbers but society gets more fucked up

sounds like my country

>>140297466
If the value of the debt decreases, creditors (those who own the debt) will demand repayment immediately, probably forcing default or forced austerity which means nobody will want to loan money unless at a scalp interest rate. Downward spiral ensues as services and infrastructure are cut from the public sector, which have ripple effects in the private sector. Better hope you have a supply of food, gold, or ammo.

Best inflation rate is around 1 to 3 percent. It is inevitable with growth. Don't want it too much higher as that leads to unsustainable growth (the benefits from injecting cash supply into economy are quickly eaten up by diminishing returns and the risk that runaway growth will lead to a cascade of failures causing much greater damage in the long run).

>>140297067
good

>>140310282
that won't be true once china is done with it.

>>140310188
who are you quoting

i cant wait to start paying $30 for an 8oz steak at outback... or $100 for lobster tail at red lobster... that $13 big mac sounds good right about now

Basic income will be a thing when robots will take our jebs . Robot will be taxed , and people will be given gibs . This or society will go to shit and everyone is going to live under a bridge

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>>140311258

This is probably the most concise way of putting it.

The future of AI/automation leads to two outcomes really: UBI in some form, or hellscape.

>>140306855
>what is offshore assets

>>140311258
We'll just put the excess people to sleep like in Soylent Green. It won't hurt. Just a pleasant way out. We'll keep doing it until global population is under 500 million.

>>140303185
>Guaranteed a place
>What is evolutionary arms race

Those berries will get eaten by anything else if the bear isn't around.

>>140297680

The whole idea is instead of spending $x on social programs and the operation costs of evaluating if Joe deserves $1000 a week welfare, we give everyone $1000 a week. If you have a real job that extra income is just tax'd away after a certain point. So ideally it costs $x-y because you're not paying to evaluate if someone deserves help.

The genius part is one issue with welfare is if you get a job you lose welfare in many cases, so this encourages you to find a job and start working and until you're making over a certain amount you're getting a little extra money but working a job is still worth it.

For others it might encourage you to to back to school to get a better job since you get a bit of income. Others might start a business with less possible financial risk and part time employees will be easier to find.

It sounds backwards but if you think the state should provide safety nets like welfare (if not that's a different debate) basic income makes a lot of sense because you're actually spending less. It's like pharmacare in countries with single payer healthcare - you actually lower the total cost of the whole system and provide a better service. Win win.

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>>140297067

>The report was released in August by the left-leaning Roosevelt Institute.

Oh, so it's a joke partisan paper.

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>>140311096
>>>/biz/
/pol/ is sooooo 2016

Thank me later soldier

>>140297067
How me this study, and is there verifiable data to back this up?

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>>140297067
only journalists could be so fucking dense that they'd sell that line as news, if we all get free gibs the price of everything rises you fucking homos.

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>>140297067
>A poorly disguised loan of monolithic proportions will make our economy "appear" to grow
>This will in no way bite us in the ass
It blows my mind that we are letting usury run this rampant. Can we please get rid of the (((evangelicals))) and (((Jesuits))) so Christianity can get it's balls back already?

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For those of you who disagree with instituting a UBI, what is your alternative solution to deal with the hordes of people who will otherwise eventually have no way of earning a livelihood through labor?

>>140297067
Nice argument bro.

>>140311988
Kill them obviously. Getting rid if weak blood will only make us stronger.

>>140311988
Auschwitz.

>>140311988
They die. It is scary how often people forget that natural laws apply to humanity. Just because we are the most badass motherfuckers on this planet does not mean the rules don't apply to us.
>Africans starving because they cannot into agriculture
>Feed them because muh humanity
>Problem just gets worse
>Repeat until species goes extinct

>>140311988
survival of the fittest. humans always find a way

>>140312129
>>140312134

I mean these types of things will happen in the absence of something akin to UBI, but don't be so sure it won't be you and your family on the killing slab when the time comes.

>>140311655
And if they volunteer to participate in a cash-based, crypto-currency based, or barter system of exchange, your system falls on its face.

Likewise, it relies on a punitive tax system for those who have taken the largest risks. What stops them from taking their capital to Barbados? Enough high earning taxpayers do this and again your system falls on its face.

Your system does nothing to provide for folks who can't manage money well either. What happens of they burn their 1000 on horse gambling?

Capitalists and entrepreneurs are a keystone to the economic system. Without them, the whole system goes tits up.

A $1000 per month cash handout to every US citizen would cost $3.84 trillion after one year. It would of course increase the GDP, because GDP is calculated as a sum of multiple factors, one of which is government spending. We could print a trillion dollars and then set it on fire, and it would increase the GDP by a trillion dollars.

>>140312271

>"Hmm I can't afford food for myself or my family"
>"Well, I guess I'll just sit here until I die then"

When a sizeable portion of the population cannot satisfy basic livelihood requirements, they don't typically just sit there waiting to die..

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>>140311768
One day, I'll learn

>>140311988

Either kill them or let them die.
Seriously.

>>140312326
>but don't be so sure it won't be you and your family on the killing slab when the time comes.
Well yeah, why would we? Most people won't make the cut.

>>140311988
Ted Kascinski was ahead of his time. He realized the long term effects of automation and the dehumanizing nature of a society that places technology on a pedestal.

There will be a revolt of spirit, not of technology. What does an animal do when it's back is against the wall? It's only natural of course: either the technologists will win (either by exterminating or "enhancing" the Luddites, continuing on to become something other than human) or the Luddites win, we go back to telling stories around the campfire and we are stuck on this rock forever until we all die or the cycle begins again..

Either way is unappetizing.

>>140311988
Who is going to wipe retards' shit for them, shit-wiping robots?

>>140312355

It's a different argument to discuss if the state should provide social safety nets. Talking about basic income assumes you do.

The fact is right now countries spend $x on welfare and basic income should cost $x-y. So given the choice I would opt for the cheaper option that provides a better service.

>>140313055

Two points:

1. Yes, general healthcare robots will be a thing, but
2. There will be far less retards due to selective abortion and genetic engineering. Down syndrome is already going to be essentially eliminated in a generation just through women aborting Down syndrome fetuses.

>>140313070
if everyone is given a baseline 1000 a month, what prohibits prices from jumping?

>>140312907
we can do both, we didn't go kill all the chimpanzees after we evolved, let's just get off this rock.

>>140313070
Define "better".

We spend trillion in welfare with a population of 325 mill. (According to Cato inst., some insist our welfare expenditure is lower)

Roughing in numbers, that's $3k per year per person.

Your system would cost 4 times as much. Where is that money coming from? How is your system better?

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>>140311930
Christianity has no balls left

We american nationalism now, guns for citizens, deportations for invaders and then guns for them if they refuse deportation

>>140314081
And you don't understand evolution.

>>140297067
>more money would result in more money
>news

>>140311988
Tell them to find a way to make their life valuable or lose it

Im ok with slavery as far as they can shoot me if they want to put chains on me and ill shoot back till they remove me from reality. The only real downside is opportunity cost and pain. If the opportunity cost is slavery, then why are you a pussy afraid of pain?

Stand up for whats right and die if someone forces you to do otherwise. Its the American way.

>>140312626
Everyone with a gun can make a living on their own tho

For how long until the economy crashes? Didn't Venezuela grow at first and look at it now.

>>140312907
You forget about us techies that don't want terminator as our future

Only the bitter virgins want you all exterminated. The few of us that actually got female love want to save yall

>>140311861
There isn't a study, it's actually a tautology. Government spending is a component of GDP, so if the government spends $2.5 trillion dollars it will "grow the economy" (increase GDP) by 2.5 trillion dollars.

Most actual economists aren't dumb enough to say this sort of stuff outright, although this sort of thinking is behind a lot of the "immigrants are good for the economy" canards. (Even if they never work, the government spends money on them, which "grows the economy")

>>140314339
Don't even need a gun desu. just some ingenuity.

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>In return for UBI you must get pic related.

>>140297067
>Putting everyone on social security will grow the economy

>>140314520
Right but theres no threat of revolution when a bunch of gunless cuck parasites start begging for gibs

They riot until they get shut doen and then they submit and beg

>>140314493
>breaking windows is good for the economy as it increases demand for new windows.

>>140314607
UBI for no second amendment, reproduction rights or first amendment rights or right to vote

Then you can live off minimum wage as a bum slave like you wish

>>140312626
And what are they supposed to do against the people who control the robots?

Keep in mind that if automatization gets advanced enough to replace most human labor, then it will also probably be advanced enough to replace the army, or at the very least give far more powerful and efficient weapons.

>>140306156
>GDP
Underrated.and exactly right.

GDP is a shit measure and can be used by leftists to justify all sorts of government spending. See Paul Krugman and how an alien invasion would be a good thing (no joke).

>>140311988
Stop importing them. Any more stupid questions you need answered?

>>140297378
I did the same math. 350M * $12,000 > $4T

>>140314488
It's an unstoppable force that frankly is out of everyone's hands (even Musk)

>>140314488

>>140297378
>give away 4 trillion
>population puts 4 trillion back into economy
>this artificially shows a growth in spending
>investors start investing due to good quarterly reports of various businesses
>economy grows by 2.5 trillion

>>140314717
Military is very hesitant to hand over the guns of the world to a handful of virgins in a jewish computer room

Part of the reason our military is so dumb is because we keep the nerds out of the command center and keep the devoted and the shills in command.

Soldiers hate drones because it means they have no job and soon no reason to let live.

Drone pilots get made fun of, even tho they save lives. Theres still massive male human masculinity to the American military. Europe could have a techie coup with little resistance though.

>>140314790
Its just a bigger challenge

>He Never played chess against AI forever until you hack your own monitored subconcious brain algorithm and then 4dchess an unbeatable supercomputer by time traveling to the timeline where it makes a mistake you left for it to capitalize on

Until robots can time travel, im not worried. Once they can time travel, I probably need John Connors help.

LARP harder you pussy

>>140315000
yeah jeez it's like they're centralizing too much power or something. I can't think of where this was tried before and failed catastrophically numerous times

>>140314157
Point is we didn't exterminate every previous step of evolutionary ladder as we moved up it. No matter how far you go down ladder there's still creatures left we evolved from, we didn't annihilate every creature inside ocean before leaving, we just wiggled our ass out of the puddle and turned into a billion other creatures. Now's time to step out of the puddle again and move on.

>>140315267
Luckily its decentralized

USA cannot go door to door and piss off the avg goyim thanks to the first and second amendments

They can only assassinate, intimidate and fight a meme war they suck at. When you can shoot assassins, all you have to worry about is your finances and getting false flagged or some shit

>>140297067
its a better idea than stimulus IMO
whats the point of having the gov't spend five times the cost to a build a bunch of shit

>>140315401
>Implying we wont turn you humans into go- i mean human cattle for consumption and sex slavery

>>140308640
It would probably increase by 2000$ a month realistically.

>>140297067
>using taxes to futher peoples needs and go right back to desirable indistries is bad

>>140297067
>automation will lead to basic income
tards really think this, in reality the elite would just kill off all the useless eaters except a small breeding stock

idiot commies

>>140315401
We did not evolve from chimpanzees.
We shared a common ancestor (who is extinct).

We also don't have many homo habilis running around either (also extinct).

Austrolpithicines (also extinct).

In fact, most species go extinct at some point or another.
My point is evolution is an unstoppable force that leaves many species in the clay. Technology may accelerate that process (much like how fire and tools did with our precursors).

>>140315454
Infrastructure actually benefits those who work for a living and supports business growth.

>>140297067

> Basic Income will destroy the economy

Fucking bullshit.

>>140316085
yeah sorry i should have just said primate, but there's no reason we have to kill each other we can just part ways. Separation by entire planets might help us peacefully evolve and move to safety from sun's eventual destruction or next mass extinction event here on earth while monkey (sorry again) humans will probably sit here and throw feces at each other till sun explodes. Fastest escape is not going to be fighting them but just leaving.

>>140298189
>>140299777
debt

>>140297466

the same thing that always happens

they print the money

debtors are pissed but better then nothing

world keep on turning.

>>140306838
and not a single answer was given

>>140298189
Happy thoughts?

>>140316399
I'm with you, the hard part will be extracting the resources and keeping society stable enough to get to that point without sub 101 iq (who will have increasingly no place in the workforce due to automation) getting rabbley. It is a cliff that we seem to be driving towards.

>>140316191
yeah I guess if it's infrastructure that's okay, but Obama's stimulus was all sorts of shit. My old high school for example was given a $1,000,000 grant to improve the football field, the funding could only be used on extracurricular activities

>>140303561
What is the price of a widget? Exactly the amount one more person is willing to pay for it.

It's the upward market pressure that determines the price of a good. Competition is the downward market pressure. By relying solely on the downward aspect to solve things you'd be doing yourself a disservice. By that logic, and assuming the purpose of a rational business is to make money, why aren't all goods sold at a penny above cost?

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>>140297067
>Basic Income will destroy the economy
finally someone else on /pol/ who understands econ
>what is fiat?
>what is why we can't have bank runs without a crisis?
>what is why we can't print our way out of economic crises?
>what is hyperinflation?

>Taking money from one group of people and giving it to another group

What could possibly go wrong?

>>140299461
>It's enough to live on comfortably if you don't go out to eat all the time.

If you moron got 1000 $ for free 1000 $ wouldn't be enough to live confy.

UBI is just a reverse tax.

Rich people and corporations do not send most of them. Essentially, it gets taken out of the economy and slows growth. Aggressive taxes on the rich and major corporations force them to reinvest. With UBI, you take that money and pay it out low income citizens who will proceed to spend it all, stimulating the economy because without demand, production drops. When too much of a country's money is not being spent, the economy stagnates.

>>140304675

25%!? Silly goy, the money changed hands twice, so 25% of 20k is 5k plus 25% of 15k is 3750 so in the end we get 8,750 dollars out of that income, goy.

>>140300276
Yes, let's create a technocrat elite with an unemployable underclass. It's what (((they))) want, UBI is the only way they can placate the masses. It's a system where they control the entire economy, subsidize the underclass with UBI, then get that money right back as they spend it with them.

>>140314709
>reproduction rights or first amendment rights or right to vote
wow this would be great. leaches can leach, end their bloodline, those who wanna work would have jobs and a say in their country's path.

It would work. They obviously wouldn't give 1000 to children and babies. So you have about 140m people (employed and unemployed) that would get the money. That's 1.68B a year to stimulate the economy 2.5B.

>>140317336
What do you mean? They'll get their $1000 a month too

>>140297895
What is hyperinflation?

>>140300216
Yeah in their houses and manson

>>140316085
Evolution is a reaction to man attempting to reconnect with the infinite

We will either return to god slowly, or die to AI quickly. Both will use technology. 1 way will help humanity while the other way will exploit it.

>>140303343
>The biggest problem with UBI is that it enables degeneracy, people won't have a reason to better themselves and their communities.
Right that's why we need corporative slavery

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>>140299777
No we just force the world to use it for oil

If you disagree ask middle eastern dictators how ignoring our international economic laws work. We invent reasons why you are hitler and then do what we did to him.

>>140317540
That's not the plan.
Borrow the money from the Fed, helicopter it on the plebs, even if they don't need it. Charge interest on the loan forever.

>>140303378
>implying all renting is bad
Nigger sometimes people just need a nice house for 2 years at a good price and dont want a loan

If they charge too much, don't rent from them and laugh as someone else trashes their place

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>>140318856
Arguably yeah

Being a parasite is not a god given right and being a slave is a choice

Try to enslave a Jap at the barrel of a loaded battleship when hes been starving for weeks

Try to enslave an American patriot sick of being denied god given freedom

Try to enslave anyone but a submissive shitskin

Real men dont get freed, they refuse slavery.

>>140297378
You really can never trust journalism

>>140298189
>Hurr durr whats its backed

No you fucking moron thats not how it works anymore. Each currency is backed by its relevancy to other currencies.

You can even go and trade the currencies based on what their expected value will be vs another set currency. Its pretty simple really.

Also