I’d spend it on exactly the same amount of stuff I buy today but will cost me $1,000 more if this were actually a reality.
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That’s not how inflation works. No new money is being printed, the money for UBI is already in circulation
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Great article on UBI and inflation!https://medium.com/basic-income/wouldnt-unconditional-basic-income-just-cause-massive-inflation-fe71d69f15e7 …
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Buy bitcoin.
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Help fund the
@GameOfThrones season 8 rewrite. -
Oh God, yes please! Lol. I second this.
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Buy gold, silver, and crypto
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And guns
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We need UBI, a full time mom doesn’t get paid a damn dollar in our economy, but they do a hell of a lot of work. A $1,000 per month UBI means she isn’t starting the month with no income. Too much work people do isn’t valued by our economy, but it’s damned valuable work.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Probably pay $1100 in taxes.
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Yang's VAT is 10% on non-staples. If you spend $1000/month, you pay $100 more for VAT. You net $900.
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But he doesn't get rid of the income tax. This scam only makes a bit of sense if we were to completely scrap the income tax and our social welfare system. Which will never happen
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Dont argue with yang gang they are thirsty bois who cant add
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People don’t know how to make money work for them. It’d be gone in three days. 20 percent of gdp is money making money off of money. A waste of energy when it comes to uplifting people.
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The big areas of inflation over the last decade have been in healthcare, education, & housing. None of these have had anything to do with the amount of money in the consumer economy. In fact, consumer goods have continued to go down in price, regardless of the money supply.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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I get rid of the worry I’m going to be homeless soon bc of falling behind on my bills. If my household didn’t have to worry constantly bc of financial issues we would be a much happier family. Also AI is taking the only good job my family has to live.
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Praying for your finances to improve dramatically
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Thank you. I wish it wasn’t a reality but it is or will be soon. I’ve been hoping for years for someone like
@AndrewYang to come along. I hope he comes to Wv. Just about everyone here needs exactly what he’s offering. He’s got my vote that’s for sure.
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