Thinking about UBI lately. Kurzweil also predicts it quite soon.
With AI&Robotics changing the job market significantly, and fiat issues compounding on themselves, UBI seems a necessity(?) to avoid mass poverty/unemployment. Esp the way fiat debt lending has led the population to, en masses, be overleveraged and insolvent.
Is this (UBI) a positive or a negative then? Or just more or less an inevitable "solution" governments will use as a knee jerk?
Mass unemployment and poverty doesn't seem like a positive or even likely scenario.
The grocery rebate (canada's government handout for low income earners) and sliding tax bracket scale are already precursors to UBI in that it is "giving" the already financially vulnerable a break.
But UBI, napkin economics here, seems like it only perpetuates the issues of fiat central banking. So it's a net negative in the long run.
Thoughts?
Tag: Jeff Booth (npub1s05…eyhe) TheGuySwann (npub1h8n…rpev) Colin (npub1gl7…kd90) jimmysong (npub10vl…sp42) LynAlden (npub1a2c…w83a)
Cipher Stories
npub103…w3uul
2023-07-05 15:55:27
Author Public Key
npub103tex2x0jq52g4yd2yt6lf8cgj8m2yx2jq3l2a4hhjg0cklxeelq7w3uulPublished at
2023-07-05 15:55:27Event JSON
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"content": "Thinking about UBI lately. Kurzweil also predicts it quite soon.\n\nWith AI\u0026Robotics changing the job market significantly, and fiat issues compounding on themselves, UBI seems a necessity(?) to avoid mass poverty/unemployment. Esp the way fiat debt lending has led the population to, en masses, be overleveraged and insolvent.\n\nIs this (UBI) a positive or a negative then? Or just more or less an inevitable \"solution\" governments will use as a knee jerk?\n\nMass unemployment and poverty doesn't seem like a positive or even likely scenario.\n\nThe grocery rebate (canada's government handout for low income earners) and sliding tax bracket scale are already precursors to UBI in that it is \"giving\" the already financially vulnerable a break.\n\nBut UBI, napkin economics here, seems like it only perpetuates the issues of fiat central banking. So it's a net negative in the long run.\n\nThoughts?\n\nTag: nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev nostr:npub1gl723nmngd9adxh8hqgyrpnam8ha8m8pu04vfakr6g8k9e4y3m4s7ukd90 nostr:npub10vlhsqm4qar0g42p8g3plqyktmktd8hnprew45w638xzezgja95qapsp42 nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a",
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