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File: 57f523a830ed258⋯.jpg (29.49 KB,1200x1200,1:1,UBI.jpg)

713ed0 No.13610007

>Automatic economic stabilizer

>Stimulates aggregate demand

>Labor market flexibility

>Monetary policy compliment/replacement

____________________________
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cfe50b No.13610728

How would you stop the inevitable inflation? I mean let's just say UBI 2k a month and the average apartment is 1k a month. What's to stop landlords from raising rents to 2k? Or grocery stores from raising all their prices significantly? UBI would create an increase in demand without addressing supply.

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05a16f No.13610741

>>13610007

>automatically fails because all prices would adjust to maximize stealing every cent of it

The only real solution is a gold standard + FairTax. Eliminate all homestead property taxes as well.

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86b05e No.13610744

Oh yeah cant wait for FedBux where you can

>only spend at walmart and mcdonalds

>resets every month so you cant save it

>said something bad on the internet? blacklisted

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94f168 No.13610756

File: 9759170d9570600⋯.jpg (70.76 KB,720x469,720:469,1607551933409.jpg)

>>13610728

in a capitalist free market, 100% correct.

in the crony capitalism we have today where half the businesses are getting government kick backs.and where half the population is on some kind of government aid/support.

it all adds up to one thing, UBI would be cheaper and easier to manage. instead of 50 different agencies forcing 100 million people to jump through hoops to prove they're poor or sick or old or whatever. with UBI you'd have one, that says oh you have a social security number, here's a check.

depending on how its actually done though it could cost more or less. say for example you do a reverse income tax, where if you made less than 20k last year. the government would give you monthly stipends to make sure you reached the 20k minimum (or what ever number they set)

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713ed0 No.13610765

>>13610728

>How would you stop the inevitable inflation?

I don't think intolerable levels of inflation are a given. There is about a ~$6T gap between disposable income and nominal GDP. Around $18T in private household debt. You would have less demand for consumer credit. Obviously you'd need to have new consumption taxes.

>What's to stop landlords from raising rents to 2k?

The housing question is trickier than other consumer goods, but I think a fair number of people could get enough money with UBI to build their own and sidestep landlords. Ideally, though, you would have a massive government program leveraging masses of unemployed and newer building technologies to construct low cost homes to simply overwhelm landlords. But you could obviously do that without UBI, too.

>>13610741

Gold standard is a non-starter.

>>13610756

I think the real benefit of UBI is that it's likely to be far more effective than the current regime of fiddling with interest rates and hoping banks do something you want. Just give people money and tax consumption to pull it out.

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3eddb2 No.13610766

File: 74de6863b36f9d6⋯.jpg (63.75 KB,Landlord_Convention.jpg)

The more money they give you, the more the rent will be. Fixing the crooked homo housing market would be much more beneficial to most people than handouts. Even if they gave enough money to even things out, it will be subsiding entitled landlord parasites.

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b33d8e No.13610767

>>13610756

>remove all government functions and replace that with UBI

Then why even pay taxes

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05a16f No.13610774

>>13610765

Fiat currencies have 100% failure rate, gold standard is quite literally inevitable after the current fiat monetary system fails. The US was on a gold standard for 200 years or so, it was only after 71 did everything start going to shit.

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676213 No.13610775

File: f0e95dbd3f05654⋯.jpg (99.25 KB,1280x1919,1280:1919,Klaus_Schwab_Net_Worth_1.jpg)

>>13610007

If UBI is so great, then why does the greatest proponents of it, insist on drawing a salary?

Why do the people who coined "you will own nothing and be happy" own things like multiple houses and cars?

Because UBI is the closest thing to slavery, because it requires the least amount of expenditure for the maximum amount of production capacity. The wealthy will give us enough to survive, while they enjoy their mega yachts and child sex trafficking islands without having to worry about class warfare because the masses will be sedated with meager wage and streaming services filled with goyslop.

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86b05e No.13610780

>>13610775

>UBI is the closest thing to slavery

Its the new slave mechanism

Tax cattle are already enslaved

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713ed0 No.13610783

>>13610774

Gold doesn't keep up with industrial production. It's a haven for Austrian cranks who want the rock they bought and that other people don't have to be money again so they can lord it over people. There's no reason money should be scarce.

>>13610775

Probably the most nonsensical argument. They already live like that.

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05a16f No.13610790

>>13610783

It doesn't have to keep up with industrial production. And you know what all the reserve banks in every country are loading up on? Gold. Their actions say everything that needs to be said about gold. China has been buying gold like a crackhead because they know everything is going to collapse at some point and gold standards will again become the standard.

Fiat is fucked, just a function of time.

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94f168 No.13610795

File: 4763f9c28d4b0a2⋯.jpg (58.83 KB,498x468,83:78,1544502467771.jpg)

>>13610767

why do you pay taxes now retard?

far more of your money goes to importing indians and africans instead of maintaining the infrastructure

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000000 No.13610802

>>13610756

>all adds up to one thing, UBI would be cheaper and easier to manage. instead of 50 different agencies forcing 100 million people to jump through hoops to prove they're poor or sick or old or whatever. with UBI you'd have o

Do the math I want to see the numbers.

UBI*number of people and compare it with your government budget that can be used for UBI.

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713ed0 No.13610811

>>13610802

You'd probably be looking at ~$3T for $1,000/mo in the US for citizen adults.

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b33d8e No.13610816

>>13610795

>why do you pay taxes

Because the gubermint will point a gun with my head

That is not the point of this discussion. In your fantasy world, why would anyone pay taxes.

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b33d8e No.13610819

>>13610816

>to my head*

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747db2 No.13610828

>>13610007

whose profits do the ubi payments come from?

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713ed0 No.13610832

>>13610828

The money comes from the government – the issuer of currency in the first place.

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747db2 No.13610841

>>13610832

government money come from taxes retard.

again i will ask whose profits do the ubi payments come from?

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13f284 No.13611492

>>13610841

Government spends first, then taxes. Government, along with chartered private banks, are the origin point for money. They have to spend first before you have tax credits (currency).

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0e8538 No.13612370

File: b9a2f4566fafcc1⋯.jpg (740.98 KB,800x6200,4:31,capsoc1.jpg)

File: ebd38155eca4b54⋯.jpg (456.32 KB,800x4500,8:45,commies1.jpg)

File: b5b4d72a597709b⋯.png (9.57 KB,600x800,3:4,keepc.png)

>>13610007

get a job or starve you worthless parasite

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df4756 No.13612434

but dr rabbishekelberg told me this would cause hyper inflation.

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5d0f0e No.13612441

>>13612370

A federal jobs guarantee would go a long way for lots of people who have trouble, for whatever reason, getting a job. But UBI would be especially beneficial for people who are already working. The concept is a basic income, not a particularly good income. Andrew Yang's proposed $12,000 a year is below the poverty line.

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31e72e No.13612449

>>13610007

It doesn't work. It's been tried as early as or founding fathers in various colonial start ups. The Injusn tried it, and it doesn't work. Communism doesn't fucking work. Socialism, in limited areas and categories, is useful, but not as a replacement for an actual economic model. This shit is lazy brain rot, theory crafting bullshit.

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a30497 No.13612631

>>13610728

Indeed. Essentials only.

- Poor houses, you get a room. Shared facilities. Gender segregated.

- Basic clothing

- Food 2x a day - basic menu

- Education / training

- Health care

What you don't get. Money, entertainment.

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