Search results

@bleu999 Does it though? Let’s play your scenario out. If you tax all wealth over $1B and out it I to UBI you haven’t fixed any of the underlying causes for poverty and you just get more Inflation as prices will keep going up as the people who actually run the corporations aren’t the...

@sal4 I agrée with you there but unfortunately central banks love QE as it’s a way to stimulate the economy with our causing Inflation or atleast it was.

@guitarrandy Poverty is a feature of capitalism not a bug. Ubi does not fix that as corporations are built extract as much profit as possible. So giving everyone ubi doesn’t make everyone richer as it eventually just funnels into the pockets of corporations. As such to fix poverty you would...

@guitarrandy An opponent of ubi would say that it was these policies that caused the inflation we are seeing today. Of course it’s more complicated than that but, as there are more dollars in the systems it forces prices up.