You are viewing a single comment's thread from:

RE: Will universal basic income give too much power to whomever distributes it?

in #basicincome7 years ago (edited)

I agree with you, that is why I go a step further and has started up a movement for a money-free society.

Having to rely on the government to distribute UBI is such a bad idea. Statism is at the core of all our ills.

Hayek would certainly refute what he said he was alive today, but he too wouldnt have any real monetary solution. The global debt (short term debt) is 3 x the global GDP as we speak, how much is the world indebtment if considering the long term debt... 5 or 6 times? They amount to 100 trillion for the US alone. No kidding.

Sort:  

They obviously don't consider the costs do they