The Bee is spot on with this.
- It's taxpayer money, not the government's
- The people receiving this view the money as free.
- The economy reacts to the money as more flooding in, thus inflation.
We're creeping towards UBI (universal basic income) where this will be the norm. Every week the economy will continue to get flooded by money printing and costs of tangible goods will go up as the currency is debased.
Small business will decline as more people say fuck working 80 hours/week when the government will pay them not to work.
Call it socialism, communism or any "ism" you prefer, the end is the same: self destruction.
The Bee is spot on with this.
1. It's taxpayer money, not the government's
2. The people receiving this view the money as free.
3. The economy reacts to the money as more flooding in, thus inflation.
We're creeping towards UBI (universal basic income) where this will be the norm. Every week the economy will continue to get flooded by money printing and costs of tangible goods will go up as the currency is debased.
Small business will decline as more people say fuck working 80 hours/week when the government will pay them not to work.
Call it socialism, communism or any "ism" you prefer, the end is the same: self destruction.
(post is archived)