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Darren :unverified: /
npub1wvq…muw8
2023-12-19 15:43:07
in reply to nevent1q…ntqd

Darren :unverified: on Nostr: npub1vcl9k…hk6t3 The main concern I have with Basic Income is how other markets ...

npub1vcl9kcqwwsk536z8s4h6k48qrfkm7mahzrk5mz0v04j94507d20s6hk6t3 (npub1vcl…k6t3) The main concern I have with Basic Income is how other markets will react to more people having money to spend. On the surface, I think it is a good idea. But, every time the government has changed What the Market Will Bear it has gone badly. College tuition, housing, and healthcare are the primary examples. I think the only way to make this work long term would necessitate some sort of price controls, which is near impossible in our current incarnation of Capitalism.
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