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comment by OftenBen
OftenBen  ·  3894 days ago  ·  link  ·    ·  parent  ·  post: 5 reasons to consider a no-strings-attached, basic income for all Americans

No I understand the concept. But when people SPEND that money, where does it accumulate?

Edit to include I think it's a good idea, but needs to be very carefully implemented.





theadvancedapes  ·  3894 days ago  ·  link  ·  

Well hopefully a UBI would boost the economy, especially for small business, as it would promote greater middle class spending. Right now our money is accumulating in the off-shore bank accounts of a few hyper-wealthy people. Now that money could just circulate fairly in the actual marketplace.