Originally Posted by centershot
A little taste of "Universal Basic Income". As long as a check shows up each month, who cares where it came from............sounds good until you take a look at where that money comes from in the first place.

It's conjured into existence by debt creation, i.e., a few key strokes bring it into existence. That's how it's mostly done nowadays. Of course, currency creation like that increases everyone's prices, i.e., dilutes the value of every dollar in existence in relation to goods and services, i.e., makes everyone poorer. That, of course, only affects the middle and lower classes, as inflation is basically meaningless to the wealthy.