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dgoldman.bsky.social • 57 days ago

We can build both at the same time.

I have discussed the formation of a non-governmental universal basic income and extended income program, which can easily be bootstrapped and expanded organically, many times in various threads. Not sure if I've ever actually written it out in a root thread, so here we go.

So here's a 🧵 #UBI

Comments

gamerbull007.bsky.social•57 days ago

That money will just go to healthcare and rent costs, continuing to drive prices up for both. We need to have a universal healthcare system before a UBI.

dgoldman.bsky.social•57 days ago

Inflation is caused by a mismatch between supply and demand. It's the currency oligopoly that is responsible for that mass. Destroying it allows is to take control of inflation. Also you're confusing money and exergy. Barayin would actually INCREASE exergy in the system.

gamerbull007.bsky.social•57 days ago

The first part is true. That is why a UBI would increase demand, causing inflation. I am not sure what you are referring to when it comes to exergy. I think that is an engineering term. Also, I'm not sure what Barayin is.

dgoldman.bsky.social•57 days ago

Increase in demand only results in inflation if there is no increase in supply. UBI allows more people to enter the market as competitors thus resulting in deflation. Moreover UBI eliminates poverty driving down inflation even more.

gamerbull007.bsky.social•57 days ago

There won't be an increase in supply unless it is a massive all-encompassing system. The barrier to entry in most sectors will not change with a UBI. Again, healthcare and rent will suck up that money increasing cost. Supply would not increase for either with UBI.

dgoldman.bsky.social•57 days ago

Look at the actual design of the system in the thread. It is literally built around improving supply as well as demand.

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