After a bit of research I think this is going to be how they implement it after they crash the fiat economy.
we knew this since 2008 and the introduction of digital currencies
>>62694338So why does no one talk about it?
>>62694335because if normies knew the entirety of their income would be UBI in the automated future in the form of some timed spending deadline central bank digital currency made to increase money velocity and to constantly stimulate the economy it would raise some questions.it would also remove all forms of capital accumulation for the normies so the lower class of the new two-tier system will never be able to buy anything expensive but they will be happy.
>>62694367oops my bad >>62694344
There isn’t enough efficient production for ubi so it would just crash again unless it was so small that it isn’t really ubi
They can't even open the fucking strait with a trillion dollars dood it's over lmao. This is what life will be like for the tiny fraction of elite population they put in smart cities to try and salvage some control.
UBI is not going to be used with trad fiat you fucking retards
>>62694338>weThere’s the stupid nigger, it’s right there.
>>62694335Niggers will melt
To expound:a universal basic income that grows with productivity and is paid forever from the investment returns of a public fund, with a constant population and no new taxes once the fund is built- this is what people really mean when they say ubi, any less is an unsustainable or insufficient compromise The annual cost of the income equals its share of GDP times GDP. For the income to keep pace with productivity, the fund must grow at the same rate as productivity while still paying the income each year. That means the fund's return minus the payout must equal the fund times the growth rate. Solving gives the required fund: annual cost divided by the gap between the real risk free rate and productivity growth. The rate must exceed growth, or no fund of any size is enough.US GDP of about 32.5 trillion dollars, a 10 year TIPS real yield of 2.55 percent, government spending of about 37 percent of GDP, and one third of that going to the income. That gives about 4 trillion dollars a year, or roughly 11,700 dollars per person.Required fund:At 1 percent productivity growth, about 258 trillion dollars, or 7.9 times GDP.At 1.5 percent, about 381 trillion dollars, or 11.7 times GDP.At 2 percent, about 727 trillion dollars, or 22 times GDP.At 2.55 percent or higher, it cannot be done.Time to build: Saving 5 percent of GDP a year, the fund takes about 80 years at 1 percent growth and about 118 years at 1.5 percent. Saving 10 percent cuts the 1 percent case to about 52 years.For a growing income, faster productivity makes the task harder, not easier, because the fund has to outrun growth forever. Industrial Revolution scale growth would make an indexed fund impossible unless real interest rates rose even faster. A sustainable indexed income therefore needs modest steady growth below the real rate, a fund of roughly 8 to 12 times GDP, and several generations of heavy saving, or else higher return, riskier assets.
First of all, the US government (ALL governments, for that matter) are way too incompetent to pull off something as complex as this. Second, they are not "planning" to crash fiat. Fiat was based on an unsustainable premise. Failure was the only option. If "they" were so powerful, they would keep it going as is. Third, when the USD collapses, it will be the biggest global rug pull in history. Nobody is going to accept Fedcoins or some vaporware blips in trade after having been raped. So even if the US government could compel Americans to use it at gunpoint, the rest of the world won't and that will make is useless. You really think China is going to accept American shit coins? And fourth, speaking of China, they are preparing to issue a gold-backed trade currency that will replace the USD. The USA will have no choice but to get on the gold-backed bandwagon or die in poverty.
This will never happen. It never happened before and it will continue to not happen, regardless of what tranahumanist globopedos may want.
>>62694335>elon said it so it must be trueu smoking fentanyl laced with fentanyl if you think billionaires are giving you UBI
>>62694335>how they implement it after they crash the fiat economy.Have you been in a coma the last few years? Your government is giving shit tons of free money to illegal immigrants they bring into your country. Tens of thousands of dollars in rent, food, clothing and medical care. There were numerous citizen journalists at the borders getting numerous gift cards worth thousands of dollars being handed out by jewish non profit organizations.
>>62694581>>62694581>Have you been in a coma the last few years?Since 1981https://www.youtube.com/watch?v=iKRf7LBL3es&t=6s
>and then they said "we is getting ubi when they crash the fiat!"
>and then they said "we is getting ubi after they crash the fiat!"
>>62694709>>62694717Well most of us will be dead by then.
