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Venom Snake
Feb 19, 2014

by Nyc_Tattoo

Bulgogi Hoagie posted:

if the united states implemented UBI it would lead to a global economic crisis so massive that people would beg for a return to the good times of 2009 as the dollar, the worlds reserve currency, would inflate to poo poo and crash everybody's savings

almost every single economist worth a drat thinks UBI would be a huge boon for the economy you moron

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Venom Snake
Feb 19, 2014

by Nyc_Tattoo
truly people having disposable income to spend will spell the death for the western economy

Venom Snake
Feb 19, 2014

by Nyc_Tattoo
people having no money to spend on goods = insanely good for a consumer based economy

people having money to spend on goods = post-collapse soviet union

Venom Snake
Feb 19, 2014

by Nyc_Tattoo

rudatron posted:

mean household income will be stable because you're funding it off taxes.

The average household would not need to be taxed at a higher rate in order to fund UBI

Venom Snake
Feb 19, 2014

by Nyc_Tattoo
The point of UBI is it makes everyone better off than they were before and nobody worse off.

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Venom Snake
Feb 19, 2014

by Nyc_Tattoo

Bulgogi Hoagie posted:

you'll end up needing price controls for everything because every non idiot business owner will raise prices to adjust for the ubi implemented

Do you also think that if we raise the minimum wage that prices will go up too?

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