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crazy idea, let's just feed people
(lemmy.world)
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this post was submitted on 05 Nov 2023
1218 points (93.3% liked)
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I would think UBI would be implemented to track inflation. I also assume it would be funded by progressive taxes, not just spinning up the printing presses (which would cause inflation). Effectively, it would be a wealth redistribution program cycling money from corporations and the rich down to the poor.
I really don't trust the government (which is pretty much captured by corporations) to implement it well though. They'd probably give everyone just enough money to barely survive, without health care, in a van down by the river or something.