Topic: Universal Basic Income - page 3. (Read 731 times)

They have never experience a depression like the 2030`s depression that is about to happen. Yes all of the world`s money systems have failed look at history, there is not one that has not.
It is a Jenga tower they have built, one bad season of no rain or to much rain and all of the crops are dead and the world enters the dark ages again. One massive earthquake, one meteor, one polar shift, one big tsunami and everything is gone. There is no safety net on these types of problems we face. There could be if they used 1% of the military funding to start making backup houses,power, food and water for the working class.

How will you barter when there is 10,000`s that will group up and just take your shit, You won`t. It is not going to be like any other depression in history pal. Prepare yourself, buy some nice drones and attach some guns to them so you can shoot people off your property from the comfort for your living room, You will be living in that living room for a long time, I don`t think you can prepare your drone with enough ammo to defend for what is coming.

^^^ People are still here, in spite of the past. So, if all the world's money systems failed in the past, there must be something that works that is not a money system. Otherwise people would be gone, too. Could it be barter?

The amount of work needed by humans has been going down since the machine age. You cannot deny they amount of losses in jobs coming.

1. Self driving cars = 4-5% of the entire work force out of work
2. Self flipping hamburgers (fully automated kitchens) = 5-6% of the entire work force out of work

As we get more and more advanced the "work" force needed by humans will get less and less and less. (jobs are endless, work is not)
There is assembly lines of just robots in factories today taking 1000`s of human jobs away.

So how do we create a UBI system? that is not created out of debt by the tax payers?
We need to make a new system that is not a debt biased economy like the current one we have.

The universal job is to vote, but the politicians have stolen that job from us the people.
Why not vote yourself instead of voting people to vote for you and pay yourself?

Watch this guys video, he talks about how everyone can create the money supply and how everyone can vote to create a UBI that does not cost the tax payers anything.
https://www.youtube.com/watch?v=Y7TLFyK_3Pk (he also talks about the end of bitcoin, which everyone seems to brush under the carpet)

Start collecting UBI today www.bitswift.cash and 4 altcoins for free.

All the worlds money systems in the past have failed and new ones were created (1000`s of civilizations wiped out), Today we keep pumping fiat into the market to simulate the market this will not just lead to a monetary system failure but the collapse of our species if we keep doing it, This bubble is bigger than any other bubble ever created in human history thanks to the FED, wallstreet and Fiat. You people have no clue what shit storm lays ahead of you and how each second that passes by it just gets more and more inflated. There fast growing job is streamers and youtubers these people are no producing any real value, they are not making food. Prepare yourselves today for the biggest economic crash in history is on its way.

Enjoy it while it last because there will be massive riots in the streets the police will have no chance against the masses. They will come rip you out of your mansion, yachts, bunkers and literally eat your faces off.

What does everyone think about the idea of a Universal Basic Income?

It is gaining popularity on both sides of the political spectrum, and there are increasing numbers of live trials of the system.

The concern is that the next wave of automation will create a new class of effectively unemployable people, and that as this continues some system will need to be in place to support citizens. Waves of automation in the past have simply created new jobs in different spheres. The industrial revolution cut agricultural jobs but created factory jobs. The development of computers over the last few decades has hit manufacturing jobs but replaced them with new opportunities in the service sector. The problem is that as AI starts to take hold, many of these jobs will go as well. It used to be the case that there were always jobs that computers couldn't do, but in the future this will rarely be the case.

Universal Basic Income also removes some disincentives to work, and what is called the 'welfare trap', whereby the resulting cuts to benefits due to new part-time work can make it economically preferable to not take part-time jobs.

So as we are generally a technically minded set of people on here, with one eye always on the future, what do people think? Is UBI inevitable? Is it desirable? Personally I think probably both. It is at least worth trying. It is a step towards reducing inequality, and will provide an element of empowerment to the disenfranchised, and so perhaps alleviate some social tensions. It will also drastically simplify existing complex and expensive welfare programmes. UBI needn't be hugely expensive either, an overhaul of the taxation system to make it more genuinely progressive could free up huge quantities of money.