Universal Basic Income

Most people would want to make more than $12-15,000 a year and work like normal people. But it would give people at the bottom breathing room, making them more productive in the long run.

because they print fiat currency without a backing anyway and it won't affect inflation as it will be driven directly within the economy perpetually and money will take on a new value system because of it?

If they give every body $500 a month. Every house in america will instantly go up $100,000.
Supply and demand and the bank doesn't give a fuck. They always win.
Take your money back to give it value.

Because this:

tomwoods.com/ep-1243-universal-basic-income-for-and-against/

Let me try this again. How would a UBI sustain itself? Where is that money coming from? Our tax dollars already aren't sustaining infrastructure, and now we are going to shell out money to every US citizen?

>provide no value to society
>society pays you

>provide value to society
>society takes from you

If you were smart, you would stop providing value to society and just wait for the gibs to roll in

It's welfare for Silicon Valley, Amazon and Walmart for slaves to continue buying their shit. Only Leftists keep pushing this shit, it's not a solution.

>It would solve most of our problems.
source?
giving money to lazy people, isn't going to fix anything it's going to make them even more miserable

it was already tried and failed

I think that would actually be better for society as it would place 100% of responsability ti the individual. As it should be.

It defeats the entire purpose of currency. Currency serves as a measuring stick. Means of exchange to value goods and services (labor).

If everyone earns $20,000, then nobody earns $20,000. $20,000 becomes the new zero on the measuring stick.

Wrong. UBI is the government breaking your legs and giving you 15 bucks for a 25 dollar wheel chair.

UBI is slavery.

how much will a loaf of bread cost?

I support this. Civilization will fall and people like me will create neo-Sparta and conquer the world with out new found religion based on science and philosophy. We will start in Texas and expand and force the libtards that remain to work as slaves in our great corn fields.

Our tax dollars could sustain infrastructure, but we have low taxes and efficiency killing labor laws. Taxes would definitely have to be raised, but we're it's definitely doable. It's less than 20% of GDP.

With UBI, you wouldn't need either.

Prices would immediately skyrocket due to massive inflation as billions of dollars enter the market in the hands of people with 0 money skills. The debt driven industries that currently pray on the military and other young people with guaranteed income cast a much larger net and everyone increases their debt to the current level of basic income per month, still starving, still broke, but with new shiney things they'll never pay off. This is exactly what you see happen to people on welfare, in the military, or on social security or disability. UBI would help 10% of the poor population for a short amount of time at best. It would mostly help used car salesmen, money lenders, and drug dealers.

Enough to live.

You would still have to work to live a better life.

How the fuck will it not cause instant inflation?
Are you going to forbid prince increases?

>It would solve most of our problems. Why don't we just do it?
hyperinflation
the definition of inflation is an increase in the currency supply. if UBI were instituted, prices would jump basically overnight, and whatever the UBI dollar amount would be per month would be, would become the new zero

We already have that, you fucking Chink

>We already give niggers free shit, and they just get worse.

Umm .. no. Poor people in general are worse when they are struggling to survive and there is more motivation to steal.

this, why is it that this is just not a possibility to the modern liberal. People that don't work and cannot produce a living for themselves should have the possibility of just dying from starvation. Could any liberal answer honestly, what benefit does society get from helping these people?

Because it's a recipe for apocalypse without intense population control measures that people would never accept.

What about inflation?

>it won't affect inflation
the definition of inflation is an increase in the currency supply; price increase is a side effect

And how much is enough to live? I love that it's fall now, I get to step and crush dumb leaves like you.

>>Nerds now become NEETs playing vidya all day instead of being engineers

This wouldn't happen.

>Liberals and art majors now waste paint and paper instead of flipping burgers

They would make money off their art.

>No one works

Most people love work though.

make it illegal

Again, how are you going to prevent price increases, i.e. inflation?

>Most people love work though.
Absolutely laughable

To make inflation illegal, you'd need government-approved prices on everything, i.e. communism.
Are you a communist, Kyle?

>Explain how UBI would sustain itself.

Taxation.

Look at all the people in the 1% who are siting on mountains of wealth. Of course the system would sustain itself.

Because it would free up the time of the lower castes thus giving them the opportunity to become educated, realize the existence of the Semitic hegemony, and then revolt. Slaves stay slaves when they are too busy with the rat race to even consider that they are in fact slaves.

A form of UBI will be implemented over the next few decades, but it will basically be tied to "good goy points" and fully controlled by the consumerist system so that things like watching ads or performing other "non-work" actions that still take up time are required. Citizen score with matching stipend.

>I get to step and crush dumb leaves like you
Japan always brings teh bantz.

>it would place 100% of responsability ti the individual
>free money
>place responsibility on the individual

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Welfare is bad. Super welfare is super bad. America already has too many worthless parasites feeding from the government trough.

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So basically take from the rich to give to the poor?
How long will your communism last?

Communists don't think beyond Step 1. Step 2 and 3 become starvation and murder.

Only one Prince

I support it but have to figure out how it would be implemented and at what rate. It would mean the end of the Welfare State as it is which is only a good thing. Also you would lower the minimum wage as well which I would think would help with improving job creation.

>Our tax dollars already aren't sustaining infrastructure, and now we are going to shell out money to every US citizen?

That's because you Americas are forced to pay for corporate welfare and perpetual war.

Well I was thinking in terms of a drop in the currency value by implementing a new value system divided between essential and luxury goods

inflation is the increase in the supply of currency, thereby devaluing it. price increase is a side effect

what happens when you have millions of fucktards that literally can't find a job anywhere? shit is going to hit the fan and the trash of America is going to be fucked.
and don't give me your edgy facist "let them die lol" answer. this is real. this will really happen. for real. we need a solution. what's the non-communist way to handle this?

Oh, I made a spelling mistake. I guess you win the argument then. UBI it is, end of discussion.

Lol you faggot

How is this different from welfare? We already have welfare.

Which opens the door to rationing, then comes bread lines, even more corruption, black markets and eventually Venezuela.

How can Trump cucks be against UBI when even Milton Friedman was in favor of it? Serious question.

>between essential and luxury goods
Who is going to categorize goods into essential vs. luxury?
I'm guessing the High Commissar for Goods Categorization appointed by the Central Economic Committee, yes?

>siting on mountains of wealth
rich people dont stuff their mattresses with cash. they keep it in banks. who loan that money out to people to get cars to go to work, start businesses, invest in real estate, etc

Don't you love work?

All men love using their muscles.

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>Why don't we just do it?
Because only retards think it's viable

Pull that shit up of Jordan Peterson talking about UBI, Jamie.

youtube.com/watch?v=v7gKGq_MYpU

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>worthless parasites feeding from the government trough.

Yep. Too many subsidies for big industries.

I personally think no matter what money you are going to give to the government, they are going to misuse it regardless. That is why i've always been big on keeping taxes low. The less money you give them, the less they can fuck it up, Look at how lottery money is used in terms of education. It's a fucking abomination.

>It would solve most of our problems.
No, it wouldn't, you're just too much of a retarded lazy poorfag to understand this.
>Why don't we just do it?
Because, not all of us are retarded lazy poorfags with no concept of economics.

>government spends 1 trillion annually paying people UBI.
>shit just becomes that much more expensive.

>UBI is communism.

We've got a retard here.

Cope

I’ll have pice related and you can work your trade job

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nigger

Every country that has experimented with it has abandoned it due to people receiving it turning into lazy pieces of shit when on UBI.
You would too and you know it.

I imagine that they could still do that without 90% if the world's wealth being in the top 1%.

Says the fucking Leaf

>I’ll have pics related
I can't wait for the update user.

>"guys, why are there even poor people? the government should just print more money."
said every second grader ever.

>and don't give me your edgy facist "let them die lol" answer
The fascist answer was to engage in massive public works projects so that all citizens could find work.
The NatSoc process was essentially
>start scamming your way out of "you lost WWI, get fucked" payments to the Zionist nations
>take on new loans from Jewish bankers looking to get a foot in the door of the new Germany
>use that money to put all Germans to work
>German people and industry become self-sufficient
>tell the bankers to get bent and ransom a Rothschild for good measure
The answer is really fucking simple for Europoids, you just give them opportunities to work. We succeed at everything we do.

Quite simple really

Each human being needs one private room to inhabit, food, clothes, bedding, transport

These are essential items which should be provided for to basic level by the state, if required by the individual.

Clothing over $100 is most definitely luxury. Imported Madagascan vanilla pods, are luxury goods.

Fruits, vegetables, grains, rice etc are essential.

Money spent on recycled goods should be rewarded.

>a drop in the currency value
literally impossible if there is more currency
>by implementing a new value system divided between essential and luxury goods
North Korea has a similar system, they have 2 currencies. Hard currency and Soft currency [these obviously arent the actual names but thats a close translation]
only people who work for the government can possess hard currency, and certain goods, like anything you can buy in a store, are only bought with hard currency

you are suggesting the USA become a socialist North Korea like state just to make the scum feel beer about themselves

And Nobel laureates.

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>said every second grader ever.
*said every democrat ever

The enforcement of UBI requires communist-like centralized economic management. You admitted that yourself.
>masking inflation through artificially set government prices
>categorizing goods into essential vs. luxury
plus other measures that will prove necessary to keep your system going for a while.

Universal basic income is a form of communism.

Communism confiscates wealth from the free market by the government and redistributes it as a centralized mechanism.

Universal basic income confiscates wealth from the free market in the form of taxes and redistributes the money from a centralized mechanism.

They’re the same

Universal basic income = communism

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How would you be able to afford a hooker and a golden car with UBI? You seem to overestimate what UBI even is.

You're an idiot. In the U.S. The 1400 richest people in the country pay the same amount in taxes as the lower 50% of all tax payers.

The top 1% of earners pay 37% of the taxes.

To be fair, UBI is more surreal than communism. In communism at least the party forces you to work.
In UBI the money just pops up while no one is working

At least my country acknowledges evolution.

Give me 75% of your income.
NOW.
We'll redistribute it as we see fit, in a few months or so.

Didn't Friedman defend Pinochet?

But there's not going to be any jobs in the future.

It will all be robots and AI.

And what should all these robots produce, if not free stuff for the human population?

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>90% if the world's wealth being in the top 1%.
i assume you are implying his is a bad thing

Even Finland ended their little experiment with it. Although, they said it wasn't because it didn't work. Yeah sure.

This.

If universal basic income were a thing, then employers would need to offer much MUCH more to attract employees for even entry level jobs, and skilled or difficult jobs would have to pay even more again. Businesses would have to put up the prices of whatever service it is they offer just to survive which would lead the universal basic income to not be enough to survive anymore meaning it would have to be raised meaning everything else would be raised again.
Your country's economy collapses.
China laughs at you.
The only solution would be to limit how much businesses could charge for services. Not only is this morally reprehensible but it would simply lead to many MANY businesses failing. Suddenly nobody has a job and everybody is on universal basic income. And who's paying that income? Chinese lenders, who are again, laughing at you as they slowly take financial control of your country.

London Fashion Week should incorporate a whole show of designs made exclusively from charity shops, thrift stores etc to popularise the concept again like in the 60s

The same concept with furniture although there is a culture of up cycling.

Centres of up cycling should be accessible to people where nothing goes to waste which does not have to.

>Clothing over $100 is most definitely luxury.
So a $99 pair of sneakers is essential footwear, but a $101 pair of sneakers is luxury footwear, am I correct?

Is that how you evolved into a faggot?

Where does the money come from, you faggot?