UBI Pilot in #STL

https://www.stltoday.com/news/local/government-politics/st-louis-will-send-struggling-families-500-a-month-here-s-how-it-will-work/article_555d9330-679b-11ee-93f4-bb80588fbcc1.html

Thanks nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m ☺️

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Discussion

Fiat endgame economics

> The city is putting $5 million in federal pandemic aid toward the program, including $1 million for administrative expenses. Jack Dorsey, the St. Louis native and billionaire co-founder of tech firms Twitter and Square, is also contributing $1 million to the program.

Too bad, another cart before horse. Build the horse first, tax scarcity (eg LVT) and bads (eg pollution) first; dividends from those can be sustained.