by Sumadia-Belgrade » Tue May 17, 2022 2:02 pm
by The Black Forrest » Tue May 17, 2022 2:05 pm
by Saiwania » Tue May 17, 2022 2:06 pm
by The Reformed American Republic » Tue May 17, 2022 2:09 pm
Saiwania wrote:It flat out doesn't work from what I can tell. Even the pitiful covid stimulus contributed to inflation we're seeing now, and it wasn't much that was actually given out on an individual basis. The larger economy has to be backed up by productive machines that'll do all of the work, if it isn't people. But lots of jobs can still only be done by humans.
by Onionist Randosia » Tue May 17, 2022 2:10 pm
by Macadia » Tue May 17, 2022 2:26 pm
by Saiwania » Tue May 17, 2022 3:02 pm
The Reformed American Republic wrote:Inflation is caused by corporate profits and price gouging, not the stimulus.
by Risottia » Wed May 18, 2022 12:47 am
The Black Forrest wrote:In time UBI will happen as we will have more people then jobs. Especially when considering AI and robotics.
by Sacred Earth » Wed May 18, 2022 12:53 am
by The Reformed American Republic » Thu May 19, 2022 7:34 am
Saiwania wrote:The Reformed American Republic wrote:Inflation is caused by corporate profits and price gouging, not the stimulus.
The evidence there is, isn't bearing this out. There is a ton of demand that isn't being met because of supply chain problems and shortages. When there is too much money chasing too few goods, of course what is for sale is going to go up in price.
It was pretty much a massive mistake for the world's major economies to have shut down because of COVID. The disease never went away anyways. North Korea is finally getting it despite their goal having been to have 0 cases of it and be 100% isolationist haven that isn't effected by it. They allegedly had the opportunity to get their population vaccinated ahead of time, but DPRK leadership said no and are now regretting it.
by Sumadia-Belgrade » Thu May 26, 2022 1:16 pm
by Sumadia-Belgrade » Thu May 26, 2022 1:19 pm
by Sumadia-Belgrade » Mon May 30, 2022 1:11 pm
by USS Monitor » Mon May 30, 2022 3:22 pm
Sumadia-Belgrade wrote:https://www.youtube.com/watch?v=EbWv_1NbWyw - South Korean UBI experiment.
Gyeonggi province, nearly 200.000 inhabitants are part of UBI project. They receive around 220$ every 3 months, without any obligations or checks.
It started during the Coronavirus pandemic, as a form of government assistance, where there was only one catch, that the inhabitants had to spend the money in local businesses, so to stimulate the regional economy. It has since brought the attention on national level, also because of South Korea's high technological advancement and further use of robotics in job sector.
by The Jamesian Republic » Mon May 30, 2022 3:25 pm
by Mtwara » Mon May 30, 2022 3:29 pm
by Bonggongland » Mon May 30, 2022 3:57 pm
by Lloronesia » Mon May 30, 2022 7:58 pm
by Sordhau » Mon May 30, 2022 9:17 pm
by Risottia » Tue May 31, 2022 3:07 am
by Kerwa » Tue May 31, 2022 3:33 am
by Survivors of Yekaterinburg » Tue May 31, 2022 8:43 am
by Ifreann » Tue May 31, 2022 9:13 am
by Hukhalia » Tue May 31, 2022 10:29 am
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