I don’t subscribe to or give credence to Keynesian economics. So, learning the opinions about the effects of UBI from an economist, or multiple economists of the Keynesian variety would be an exercise

Ahh okay, thank you very much for that! I like the way this guy thinks; I've been watching his Cop Vs. Voluntarist video for the last 30 minutes and they have a nice conversation going.

Yeah it's crazy stuff how with civil asset forfeiture they've basically institutionalized theft.

Thanks for the tip, do you have the link for that video by any chance? I'm checking out the YouTube channel for highimpactflix and I'm only finding six videos uploaded since June 23rd, which is the date

You know, even if you are right about the UBI and by some black magic it isn't going to cause inflation, the VAT will feel like inflation at the point of sale. That in itself has an effect similar to inflation

"If you read the white paper you'll not consider inflation as simple as you think. It talks about how more money printed doesn't translate into devaluing the dollar, contrary to your so called

Argumentum ad populum doesn't do it for me. It hasn't for anthropogenic global warming and it won't for UBI. You have to understand that if UBI came anywhere near to the desert of the real that everyone

I don't even know what your quoting. It's common sense that money printing leads to devaluation of the dollar. When exactly it leads to hyperinflation is any one's guess. The world is already turning away

The fed has U.S. in perpetual servitude. It's literally impossible to pay them back. The only way to pay them back would be to borrow from them enough money to do so, and then we'd be in even more debt.

You seem to have a disconnect in understanding the consequences of overprinting a currency. I don't know how to get you there. The collapse is coming, and the program you want to see will get us there

Perfect Zimbabwe it is, they have nothing to lose so if it doesn't work it's business as usual.

If "free money" is the magical solution to the world's problems lets test it out in Zimbabwe first, yes?

I'll have to look into that one. The "depreciation (of the Continental) was caused by the government printing large amounts of currency in order to meet the demands of war." When the currency

"There's no such thing as intrinsic value of gold. Complete Hogwash." I disagree. A Gold coin has intrinsic value because even when it's melted, the alloy can still be sold off to the market

I'll respond to this and the addendum in the below comment.

"First you're confusing taxes with inflation. Taxes aren't a form of inflation, they are costs to goods and services." Inflation is a hidden tax, and that means money becomes less valuable. The

Thank you @isaria and Eddie!

In this case, the VAT that they will use to either fund or partially fund the UBI is what creates instant inflation in the price of goods and services. Take the UK as an example. When you add a 20% VAT

Hello @bahh, and thank you for the feedback! Usually, places that try the UBI end up halting the program because it's not sustainable. In the case of Alaska, the permanent fund corporation is owned by