⚡️🎙️ WATCH - Joe Rogan: "Most people right now are working paycheck to paycheck. They’re barely getting by. Any catastrophe would eliminate all savings. Universal Basic Income would make it so you no longer have to worry about food and shelter."

https://blossom.primal.net/5b896c9c3d853c0d9d047d99ba910af7141b576fd8fcd7d264efee8db3e7279a.mp4

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Discussion

The UBI phase of hyperinflation will be interesting

The problem with UBI is "Where the money coming from?"

The state right? But everything the State has was stolen, so the state has to steal from everyone.

Tell that to a Cuban or anybody in the soviet block in 1970...

Hey Joe, let's introduce you to just some basic economics.

The price of goods is proportional to the demand placed on those goods.

Flooding the market with additional currency may seem to work in the very beginning; however, very quickly the market actors selling tangible goods will account for both the increased demand and increased monetary supply, resulting in higher pricing.

The end result will be ever-climbing prices of goods, with ever-higher UBI being printed to chase those climbing prices.

TL;DR: Supply and demand, bro. Read a book.

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Total dependency on the state. What could possibly go wrong.

Fewer workers = less payroll tax.

How will UBI be funded?

ubi = cbdc = stable coin

ubi + brain chip = #mandibles