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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.