UBI would raise price levels and reduce the real value of the federal debt, thereby allowing the thugs in power to keep borrowing and spending. All businesses with debt would benefit. Savers lose and import prices go way up. "You look like a million bucks" will mean "You look like a gallon of milk.". Our dollar will die and we won't be able to afford most imports. The rich will benefit from the rising hard asset prices.
"They pretend to pay us, and we pretend to work."
UBI would raise price levels and reduce the real value of the federal debt, thereby allowing the thugs in power to keep borrowing and spending. All businesses with debt would benefit. Savers lose and import prices go way up. "You look like a million bucks" will mean "You look like a gallon of milk.". Our dollar will die and we won't be able to afford most imports. The rich will benefit from the rising hard asset prices.
https://www.businessinsider.com/universal-basic-income-ubi-dave-ramsey-show-karl-marx-playbook-2024-7?amp