• renzev@lemmy.worldEnglish
    0·
    5 days ago

    That’s what we need UBI (Universal Basic Income)

    Isn’t UBI just a way to accelerate inflation? How will that help anyone?

    • gandalf_der_12te@discuss.tchncs.deEnglish
      0·
      4 days ago

      there’s a certain amount of money in the economy. let’s say $1 million.

      of that, $500K belongs to the billionaires and $500K to the average people. Which means the population owns half of all.

      Now, you distribute another $1 million among the average people.

      Now, the billionaires still have $500K, but the people have $1.5 million, which is 3/4, which is more than 1/2, so it’s an improvement.