nostr:note10hkcmejf7teg9ufhp0n0x22jl7kgwxmeqdfmwa8zm87kslp9u32s2c3cef
getting a job in this age means having transportation, a phone and phone service, an address, and much more. people want jobs, it’s just become increasingly more complicated for the less fortunate to attain them
Just get a remote job.
Go through betts recruiting. They’ll get you a remote sales gig. Easy.
Labor is highly deflationary, which doesn’t work well in an inflationary world.
UBI is fundamentally flawed by I personally agree with nostr:npub1csamkk8zu67zl9z4wkp90a462v53q775aqn5q6xzjdkxnkvcpd7srtz4x9 that the economy is dysfunctional for most, and that accelerationist government action is acceptable until we get to a Bitcoin Standard.
Be wdym labor is highly deflationary
Lots labor gets automated away over time, because people naturally demand to do less manual work.
Think about the market for calligraphy or farmers. Both have been reduced by orders of magnitude over the past few centuries due to advancements in technology.
In America specifically, our monetary policy makes it incredibly attractive for us to import goods from other countries instead of make them here. Therefore a lot of our labor intensive industries are shipped overseas, instead of being conducted here. Remote work is the easiest by far to outsource, and when harder economic times hit, it will be the first work to leave.
Deflation is good, but only if it is structurally applied equally. If labor is getting outsourced or preformed cheaper, but the prices of desired goods like homes, cars, food, and energy are going up, it makes for a horrible economy. A Bitcoin standard moves us to the deflation of everything, but until then, the working class is under great stress.
UBI would be funded through money printing that would then lock in high inflation because you would have to print money forever to keep giving out free money.
You end up with a dual economy where the poorest are given the absolute bare minimum to survive by the state (in the local aggressively inflating currency) and have no way of saving money. The middle and upper classes that have access to save in better money escape the worst effects of hyperinflation, but ultimately everybody loses.
We have to transition to a deflationary economy where the productivity gains provided by exponentially improving technological solutions mean prices will fall instead of forever rising, and we'll all be able to get by with less.
The transition will be difficult but the biggest posers will be the rent seekers that squat on top of the pile hoovering up free money
Ubi will just shift the baseline for what being poor means. If UBI is 500 USD after some years those 500 usd will get you nothing.
