I love your optimistic outlook, my friend, but it looks like it's headed in the opposite direction right now.... also let's hope it's not blade runner that was a horrible world to live in.
I’ve been witness to the Governments compassion when handing out money. The amount they’ll give you will be barely enough to pay your basic needs and they will require you to do much much more for nothing. Their goal is full control over everything and everybody disguised as compassion and safety.
But they are more than happy to claim expenses for many times more than the pennies they give to the needy, in addition to their overinflated salaries and the gifts they receive from their sponsors.
RTT well because they are loosing the vote and they are loosing control and this is a way of trying to buy it back before it is lost and keep people in thier place so they can remain at the head of soyciety, but really thier incompetence and failure is irrefutable. Thier lack of support is uncontainable, not through censorship, not through coercion and not through rigged elections. Really this is the last ditch effort of any failing dictatorship is to destroy the economy so that society and democracy cannot function against them.
Worse than that. Humanoid robots will they say make us the “useless class”. Picture small apt in 15 mins city wearing VR and on UBI probably smoking pot.
@@alexanderjaruk the best quality for who's benefit exactly ? Remember, those buying the product are criminals, using other peoples money to pay for it. The consumers of the product dont deserve to breath air.
Exactly. Look up Patrick Wood and his discussions on “Technocracy”. The UBI would also expire if not spent by the deadline. Therefore, you can’t accumulate the currency. Throw in a Social Credit Score and one is easily controlled. The “currency” could also be things other than money. Perhaps Energy Credits or Carbon Footprint Credits.
You forgot an entire aspect to UBI: CBDCs. Governments will dole out UBI, but program it to expire if not used for whatever they deem best (some taxable activity, no doubt), or expire any funds not used in a specific time period.
Sadly the next step in human evolution is between those who seek power and control and those who value human life and dignity through autonomy. It will be the final clash before we can seek a higher state of being.
Humans can only progress if they learn to keep in check the self entitled the Dark Tetrads and above all the allure of corruption collusion and conspiracy
Like the french revolution, that changed western democracy forever, the control went underground/hidden, they need to remember there is an inherent vulnrability in being the 1%
The UBI will also expire after a period of time, eliminating the possibility of accruing it. Throw in a social credit score and the pressure to obey is intense.
So we need to be the government... We need to be the New Collective Intelligence, not Elites and AI uberlords... -- Libertarian National Centrist Constitutional Direct Democracy: 66.6% absolute majority to change/suspend level 1 rules & rights, 51% level 2, level 0 set in stone.. Infrastructure, utilities, most public services 51% owned by citizens equally, dividends to your NI Pot, 49% by franchisee service providers.. -- Tax: Variable Rate Transaction Tax: 10% to your/company NI Pot.. Benefits: NI interest.. Existing Residential Property: citizens own 2 max, residents 1, foreigners/corps/state: poshest pads .... Level 0 rights include the right to bank and spend cash, e-money and crypto.
Sounds like you haven't had to see real poverty. Poor people with mental issues steal for no discernable reason and are often part of a generational cycle of it. There's a reason there is a correlation between crime and poverty.
Elite: A group or class of persons considered to be superior to others because of their intelligence, social standing, or wealth. They are extremely wealthy and thus they are elite in terms of wealth. Just because you don't like something does not disqualify it from a classification.
We already are by our jobs. Most Americans rely on their income from their jobs right now as their main or only source of income. Side hustles and if you can find a new business idea won’t just vanish.
Why wouldn’t they just kill us then? In America, we can’t even get universal healthcare, and our public school system is quite abysmal, yet I am supposed to believe that the people who won’t give us healthcare are going to support us entirely just because they have some sort of domination fetish? It makes no sense, but it seems an easier pill to swallow than the more likely alternative, for most people anyway. The so called “elites” really do fear us and always have, which is why they will get rid of us as soon as we are no longer needed for labor. Reality is scary, but the more you deal in it, the more of it you can handle. I think it’s crazy that so many people would rather be in the position you’re suggesting than dead. I’d definitely rather be dead.
I am an age pensioner, and find that being reliant and pacified is boring, and it makes me want to be unreliable and dangerous, but I can't be bothered.
I've never wanted to be on the public dole. Even when I was literally a starving student, I never went down and got food stamps, even though I qualified. I just went hungry. Handouts come with strings attached. Never hand over your life's command to a government entity.
How? It’ll pay some of your rent or mortage…. Then you are still at your level of income. Not a huge deal. It will likely inflate rents and house prices unless very careful regulations are thought of and implemented.
The amount will be a lot higher than that. Robotics and AI will increase productivity by 500%-600%, drastically increasing GDP. You will see UBI amounts of about 8K per month. Even Elon Musk has talked about it.
@@Sweetpapawillow it will only help GDP to the extent that people have the money to buy things in the space to put the things they buy. If the price of things drop a lot because of increase production that itself lower GDP and people only have so much room to store the things they buy
The people that run supermarkets or collect rent love it as they can inflate prices immediately. It won't help the poor as it just shifts the amount needed to afford a baseline existence to be higher. The latest experiments they did with UBI showed it didn't provide any other benefits to recipients in terms of being able to engage with your community etc either.
REFORM UK SAY £20,000 TAX FREE PER YEAR !!!! INCENTIVE TO SCROUNGERS TO WORK, LESS UNEMPLOYMENT BENEFITS,MORE MONEY IN ECONOMY,BETTER NUTRITION.. VOTE REFORM ,🤯🤯🤯🤯
@@ura9390They did but they don't like it. If u cut income tax then there'll be no one left paying tax lmao... Today's middle class avoids taxes at large, and anyone above that level, even more so. The richer u are the more access u have to legal tax аvoidance. The game is.... well, u already know that.
Who says it’ll be too little to afford anything? Businesses need customers to stay in business. Customers need money to buy goods/services. We’d all benefit by making the UBI enough to buy goods/services. As long as consumers keep buying goods, companies will stay in business and therefore keep paying taxes and the cycle continues.
Population reduction is their ultimate goal. Just look at Canada and some European countries encouraging euthanasia to people who aren't terminally ill as a "healthcare" option.
I have endlessly made the point in UBI discussions that UBI can only be achieved in combination with draconian rent controls. Landlords and private equity backed property cartels are robbing the public blind. This licence to print money is destroying everything. There need to be actual rent reversals on both commercial leases and private renting. And whilst property taxes should be abolished, since it is effectively local government acting as a rogue "landlord" to property owners (and evicting them from their on homes when they are too poor to pay this "rent") house prices should be state mandated with punitive taxes on properties sold at speculative prices. This would put Blackstone and Blackrock out of business. These near criminal entities are even buying up trailer parks!
Too late. Women have been increasingly voting liberal for decades so much, that our entire political spectrum has shifted. You will soon own nothing and be happy.
No way I've never met a single person in my life who wants to work hard. People just want to have basic necessities like food , shelter and clothing. They don't want to work
"Then I saw another beast coming up out of the earth, and he had two horns like a lamb and spoke like a dragon. And he exercises all the authority of the first beast in his presence, and causes the earth and those who dwell in it to worship the first beast, whose deadly wound was healed. He performs great signs, so that he even makes fire come down from heaven on the earth in the sight of men. And he deceives those who dwell on the earth by those signs which he was granted to do in the sight of the beast, telling those who dwell on the earth to make an image to the beast who was wounded by the sword and lived. He was granted power to give breath to the image of the beast, that the image of the beast should both speak and cause as many as would not worship the image of the beast to be killed. He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name. Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666."-Revelation 13:11-18
It did, but other forces were at work too. Private equality buying up property and jacking up rents intensified the housing shortage. The motto of American Capitalism is "why waste a good crisis when you can make a boatload of money by making it way worse?" If UBI starts when rents and house prices are crashing then it is a tools to stabilize the real estate market, and house prices and rent will start crashing soon, since we are in a real estate bubble now (2024).
@@jadedandbitterIt has never been a good idea to remove private ownership in the history of mankind. Not only that, but the readon prices rises to begin was because the stimulus was just printed out and that caused all prices to rise
@@zero1zerolast393 my proposal does not remove private ownership at ALL. It prevents public ownership of certain types of property via corporations, and limits the amount of property an individual may own so that people can't hoard. You can still own a mansion with my proposal. You just couldn't own two (unless you are married).
@@jadedandbitter I see now, you don't want up to give up private ownership, you just want to heavily restrict private ownership rights and heavily tell people how they used their land.
Serfdom is their aim. Imagine if UBI were introduced 100 years ago. Only the rich had cars at that time - so no money in the UBI for motor vehicles for the poor. Same with telephones, refrigerators, Internet, mobiles, etc. every modern convenience would be reserved just for the rich, who could pay for the it.
UBi goes nowhere if the income cannot buy resources, most of which are imported! The currency used will not be accepted by foreign countries, so the income will just get turnips or potatoes at best.
That is literally the perfect response. If any of this had been implemented at the time of Karl Marx on any sort of major scale in the west the world would be a much darker place. Of course the places that did take up the promise of equality got neither prosperity nor equality.
I couldn't imagine living without any challenges. Waking up in state assigned housing, staying close to my state assigned housing, using UBI to buy state approved goods, and do whatever limited activities there are. Why on earth even exist withoit some visipn for your future?
The example of Norway and Alaska doesn’t take a few things into account. The oil companies profit comes from natural resources taken out of the ground in Alaska. It’s not just a random tax because they make money. Norway has only been able to give money to their people because they haven’t had to pay for their own defense. The US has run up a huge deficit paying for theirs and most of the rest of the world.
I am anxious to see how the world's wealthiest people like Mr. Schwab will liquidate all of their assets and disperse their wealth amongst everyone in order to transition themselves to this basic income
It will be and we are getting closer towards the NWO and final count down starts in the year 2030 and so from that year I don't know how much time we have. It could be a decade or more from the year 2030 when it starts.
If you got UBI, they could stop it if you didn't agree. If the UBI is CBDC, then they can cut it if you dont agree AND limit the wares you are allowed to buy and how much of it. Its conplete financial slavery. You could argue that we already are wage slaves, but this would be peak intrusiveness
Anyone that thinks this is beneficial needs to wake up and really think. You will be controlled and limited. No chance to financially grow nor buy everything you want or need.
Exactly. That's why we need to get rich and join the upper class, because after AGI there will only be an upper class and lower class with no way of getting out of the lower class.
@@bryantgouveia you are describing Trumps tax cuts and lies about Mexico paying for a wall. Gold toilets for a few, hyperbole and scare tactics to keep townies angry and working for the Walton family with no uptick in the minimum wage.
No it doesn't seem like anyone here using logic and reason. The port strike was about automation. You can't stop automation. Ubi isn't about a choice to work or not. Ubi is about having no choice as you can't compete with ai@@jadedandbitter
UBI would only happen if most jobs were being taken over by automation, meaning robots and computers would be generating most of the GDP rather than humans, but humans would still need lots of products, including food and shelter, which the UBI would hopefully allow them to buy.
@@ludditylesser human effort needed to get the same results or better thus it may lead to better livelihood, but too much AI is not good coz it may destroy humanity it need to have some sort of balance between AI and humans
I thought so as well until 2008. From 2008 to 2020 the Fed has been printing money like no tomorrow, yet inflation was low. Why? If printing trillions of dollars each year should cause runaway inflation, but it didn't. Where did the money go? The money supply in 2000 was over $4,800 trillion, now it is over $21,000 trillion and much of that money was printed between 2008 and 2020. We know where the 2020-2024 money went.
It won't be recognized as 'currency', it'll be digital tokens. There will be no inflation, the value of the tokens will not vary. The only reason for inflation is to enable the elites to garner more of the money. Once the people are reliant on donations instead of earnings, there won't really be a need for inflation. It's unlikely to end well.
I'd invest with my UBI, in my own skills, stocks, btc, start my own business, BUT i suspect UBI would be used to control us even more tightly than now,
@christopherdixon4472 exactly, just look at the food stamps and how they prop up companies like Coca-Cola. The government coperations control would grow .
They will not allow you to spend the money the way you expect. No cigarettes, no liquor , you have to shop within 5 miles of your home at the stores they choose, there’s so many things you will not be able to buy. If you try and buy something you’re not supposed to, they will suspend your UBI for a period of time. When they give it back to you, if you do it again, they will permanently cancel your UBI. It’s BS!! Everything will be tokenized on the blockchain……even your business. Hopefully you’re able to buy crypto now and not have to get UBI. It’s going to be the greatest transfer of wealth in history!! Good luck!
I can come up with of a number of jobs that won't be automated. Lawyer and politician; are jobs that the powerful wont allow to be automated. Psychiatrist, nurse, artist; I as long as humans are free they will use their freedom to choose human art, human caregivers.
LOL. Parents provide UBI. Employers provide UBI to their employees. Both come with a huge host of conditions. Every one is going to become slaves to the gov't. No, it's not a joke at all. It's the very nature of money.
A no-strings attached UBI is a great idea in principle. It's just a pity that those behind the current plans have no positive principles. We are being ruled by a literal group of supervillains who are destroying everything good that was hard fought for and built over the years by our ancestors, and replacing it with their system against our will.
People on disability already know about that life. Its not all its cracked up to be. The people I know in that position are afraid to risk their income to try and make a better life for themselves. But you can feel the envy when they see me doing so well for myself. Its sad.
They should just slowly increase the standard deduction to the point that less and less revenue comes from income taxes and more and more comes from an automation tax or consumption tax. If unemployment gets really bad due to automation, then maybe try a UBI.
I think the hubris of inventing a technology that makes people "useless" is going to be extremely problematic for them. If you take away purpose from people, civil unrest will brew.
UBI creates a psychology leash to fiat currency with a sort of Pavlovian response much like the mania and hysteria of the simulus checks but on a grander, longer, scale.
So nowadays, big family, all residing in one home, one lot of bills, plus individual incomes, no debt and that's how you get ahead - Good family relationships.
Sorry to be so negative but the obvious answer once AI takes over is just to have alot less people (and things have already been put into place to make this happen)
“UBI is an entirely practical proposition” and “of course I will respect you in the morning” and “the check is in the post”. Three of society’s biggest lies 😂
I appreciate all the work that this guy did or his team. The whole point of my comment is there is a failure to realize that that there will be less people if AI is supposed to replace us. That means they're going to be very little jobs if any left over in the chaos of the transition of the restart. They are hoping that a majority of us will kill each other off before peace is reestablished. The smaller the amount of people that survive the smaller amount of Ubi that would be required. That's a win-win for the rich people. They will let that chaos last for a little while
@@OneLine122 so you want to say we're going to be slaves? I was figuring we were going to be modern-day slaves as we are now forced to make a living at the whim and will of the corporations
I think it is a great idea. We should start with the worlds elitists money, Kluas Schwab's money first, and when we go through all of that we reassess for the future.
UBI could be good, but it will always be bad while we are ruled by bad actors. UBI could be the difference between being alive and living to work versus working to acquire goods. Human beings should not be slave chattel in any form, it ends poorly.
If companies borrow so much money that they go bankrupt in a deflationary environment, we shouldn't be scared of that saying that's a bad thing. Irresponsible money management and business practices should be punished not rewarded. If that company dies, another one will come up to compete for that marketshare. Economists and governments need to stop buying out failing banks and businesses and tailoring policy towards them to keep them alive. If they're failing let them fail. Something else will take its place. That's the purpose of FREE MARKET CAPITALISM.. Nobody is going to buy me out of my mistakes, why should they have that luxury?
Universal Basic Income needs to be accompanied by Universal Basic Skill. If governments can't guarantee basic skilled labour then basic income will not be sustainable.
Trading assets etc doesn't make wealth, the profits from trading are sourced from the productive sector. Trading is wealth transfer not wealth creation
Control. Government "gives" you money in a digital only government bank account. They can then track everything do and apply taxes and fees. When tied with a social credit score, they can adjust those taxes and fees or even deny a purchase, travel, medical care, etc. And you'll probably have to check in several times per day at your designated checkpoints, or else.
You're assuming elites don't want people to starve. They don't care about that. The idea here is (probably) to increase food and rent prices making working + ubi necessary for survival. That makes people dependant on the system and it's money.
If all US citizens would get $1000 a month UBI then I'm moving to a place in southeast Asia like the Philippines and living a pretty good and comfortable life on that while never having to worry about working again lol I'm sure many other people, the smart ones, would do the same thing.
@@OneLine122 because right now I'm not getting a free $1000 every month just for existing lol... you still need some kind of an income to live off of, and 100% remote work outside the US is not always an option
Does anyone think they will shut off the money flow to those that don't take a shot during a public emergency? (Or if they STATE there is a public emergency.)
Inflation? Or price gouging? Price hikes without actual cost of production increases can be kept in check by price controls. Price controls were implemented on key consumer goods in the U.S. during the 20th century because society understood price gouging is abuse. In the 21st century, we seem to have forgotten that, as our society has been kept in the dark by corporate media and a lack of consumer protections, consumer reports, and investigate journalism.
I’m fine with whatever we do as long as the things I need become more affordable and my money stops losing value while my job isn’t increasing at the same rate. I was honestly content with my finances before Covid. Just reset the economic clock and let’s move on. This could all be very simple.
Are you okay with organ harvesting and bread lines? Are you okay with grinding poverty and a paranoid society of snitches, where people get disappeared for saying the wrong things?
The results of a big UBI study showed that, compared to the control group, the people who were given $1000 per month for three years: - Worked less - Spent more - Defaulted on their debts just as much - Declared bankruptcy just as often - And also ended up with a _lower net worth_ at the end of the 3 year study _It turns out that people who hate their job don't want to do it, and that if they can afford more leisure time they'll take it._ Who knew? 🤣🤣
I’m not in favor of UBI, but things are so bad that people would not stop working if they received $1000 a month. Well I wouldn’t stop working, I would put that money in the savings, invest, pay our kids private Christian school. I think many people wouldn’t stop working and would use the money to pay debt.
Thanks for this Guy, one thing missing in this complex system is new jobs in Green economies which are being innovated right now. New forms of regenerative farming, textile production etc which does need humans. Also UBI should be linked to citizens being involved in real political decision making and decentralising power which I know the elite would hate but we should rise to claim.
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This is why INCENTIVE EUGENICS is the superior alternative hands down
Lots of chosen people involved in Ai! Coincidence?
I love your optimistic outlook, my friend, but it looks like it's headed in the opposite direction right now.... also let's hope it's not blade runner that was a horrible world to live in.
I’ve been witness to the Governments compassion when handing out money. The amount they’ll give you will be barely enough to pay your basic needs and they will require you to do much much more for nothing. Their goal is full control over everything and everybody disguised as compassion and safety.
@@mydogharlee 🎯🎯💯
Everyone sees this.
But they are more than happy to claim expenses for many times more than the pennies they give to the needy, in addition to their overinflated salaries and the gifts they receive from their sponsors.
Sad how they are destroying the human race 😢
RTT well because they are loosing the vote and they are loosing control and this is a way of trying to buy it back before it is lost and keep people in thier place so they can remain at the head of soyciety, but really thier incompetence and failure is irrefutable. Thier lack of support is uncontainable, not through censorship, not through coercion and not through rigged elections. Really this is the last ditch effort of any failing dictatorship is to destroy the economy so that society and democracy cannot function against them.
It is a huge middle finger for workers. More of the "own nothing, be happy" stupidity.
Everyone gets it so its not a middle finger to workers.
No. right now we give everything to the wealthy who own everything. UbI breaks the poverty trap.
Middle finger to everyone
The elites see us as cattle.
To be fair most people act as though they are. You get the government you deserve at the end of the day.
Annoying insects
And I see them as rich nobodies
OBEY 😮 Herd 🦬 or ? Peace ✌🏻
Worse than that. Humanoid robots will they say make us the “useless class”. Picture small apt in 15 mins city wearing VR and on UBI probably smoking pot.
If something is free, then YOU are the product.
The mouse still thinks the cheese is free in the mouse trap.
@@waynejohanson1083it is, if they are smart enough to get the cheddar without getting caught.
And, that being the case, you should strive to be the highest quality product that you can.
@@alexanderjaruk the best quality for who's benefit exactly ? Remember, those buying the product are criminals, using other peoples money to pay for it. The consumers of the product dont deserve to breath air.
@waynejohanson1083 It IS still free in the mousetrap: IF the mouse is clever and skilled enough to TAKE IT OUT of the traps without getting CAUGHT!
Why not let us keep our own money and stop the taxes upon taxes upon taxes upon taxes before being finally taxed 😡
Your entire reason for being is to be taxed , it is a way of taking back your work tokens so you cannot use them.
cattle cant keep too much money or they might challenge big government and the elites
Do you like elites exploiting 99% of other Americans?
Control
_But who would pay for all the politicians..?_
UBI would have strings attached or you are cut off. Get the jabby, get the chip implant, don't say unapproved things, become Borg.
the "U" means "unconditional".
@@mikekelso138 It means Universal... it would NEVER be unconditional...
Damn vogons man! Agreed ..
F%@& THAT NOISE
Exactly. Look up Patrick Wood and his discussions on “Technocracy”. The UBI would also expire if not spent by the deadline. Therefore, you can’t accumulate the currency. Throw in a Social Credit Score and one is easily controlled.
The “currency” could also be things other than money. Perhaps Energy Credits or Carbon Footprint Credits.
You forgot an entire aspect to UBI: CBDCs. Governments will dole out UBI, but program it to expire if not used for whatever they deem best (some taxable activity, no doubt), or expire any funds not used in a specific time period.
I'm looking for a good video on this, if you know of one, please pass it on. Thank you.
Yeah, UBI, another word for WELFARE.
@@ItsAllApsyopthere is none
What’s wrong with that?
@@ItsAllApsyopHi. View almost anything by Jim Rickards. He's the established expert predicting how CBDC will lead to a new form of serffom. Cheers.
As big tech companies used tax payer money to develop their product, they should be required to share their profits with citizenry.
same with Fauci. He's profiting off taxpayer funded research.
100% hit the target..
Used our money and data...🤔
GM banks, pro sports stadiums etc
So, socialism?
Sadly the next step in human evolution is between those who seek power and control and those who value human life and dignity through autonomy. It will be the final clash before we can seek a higher state of being.
Humans can only progress if they learn to keep in check the self entitled the Dark Tetrads and above all the allure of corruption collusion and conspiracy
It’s a bumpy ride for sure. The power hungry, warmongers aren’t going quietly to the yoga mat…
Like the french revolution, that changed western democracy forever, the control went underground/hidden, they need to remember there is an inherent vulnrability in being the 1%
wasnt that the plot of h.g. wells time machine? morlocks vs eloi?
Idk. Gonna have to check that out now. Thanks for that.
A UBI will be used to make a very high proportion of people very obedient to the govt
Yep, they’ll be no more protests, no more - not taking the 💉, no more unauthorised holidays, no more ‘illusion’ of freedom.
Great point. Probably way overlooked.
Unless they not asking for any return
The UBI will also expire after a period of time, eliminating the possibility of accruing it. Throw in a social credit score and the pressure to obey is intense.
So we need to be the government... We need to be the New Collective Intelligence, not Elites and AI uberlords...
--
Libertarian National Centrist Constitutional Direct Democracy: 66.6% absolute majority to change/suspend level 1 rules & rights, 51% level 2, level 0 set in stone.. Infrastructure, utilities, most public services 51% owned by citizens equally, dividends to your NI Pot, 49% by franchisee service providers..
--
Tax: Variable Rate Transaction Tax: 10% to your/company NI Pot.. Benefits: NI interest.. Existing Residential Property: citizens own 2 max, residents 1, foreigners/corps/state: poshest pads .... Level 0 rights include the right to bank and spend cash, e-money and crypto.
Elite is the WRONG word. Greedy psychopaths is more accurate.
you are bald haha
Or better yet, Jews.
90% of the populace are that.
It's not poverty that causes the crime. Nobody steals more than wealthy people.
You got that right!!
Do they steal? Or do they provide goods and services that others use their own money to buy? Im confused why being wealthy is wrong.
Didn't even think about that
Sounds like you haven't had to see real poverty. Poor people with mental issues steal for no discernable reason and are often part of a generational cycle of it.
There's a reason there is a correlation between crime and poverty.
_Exactly._
The vast majority of poor people are not criminals.
elites? why these criminals are called elites is beyond me
They think they are "elites'. When death comes, they are not better than the poorest beggars.
It is because they have the money of course. The golden rule is 'He who has the gold makes the rules'.
Elite: A group or class of persons considered to be superior to others because of their intelligence, social standing, or wealth.
They are extremely wealthy and thus they are elite in terms of wealth.
Just because you don't like something does not disqualify it from a classification.
The idea is to make the basic income your only income. You are meant to be reliant and pacified.
We already are by our jobs. Most Americans rely on their income from their jobs right now as their main or only source of income. Side hustles and if you can find a new business idea won’t just vanish.
Why wouldn’t they just kill us then? In America, we can’t even get universal healthcare, and our public school system is quite abysmal, yet I am supposed to believe that the people who won’t give us healthcare are going to support us entirely just because they have some sort of domination fetish? It makes no sense, but it seems an easier pill to swallow than the more likely alternative, for most people anyway. The so called “elites” really do fear us and always have, which is why they will get rid of us as soon as we are no longer needed for labor. Reality is scary, but the more you deal in it, the more of it you can handle. I think it’s crazy that so many people would rather be in the position you’re suggesting than dead. I’d definitely rather be dead.
I am an age pensioner, and find that being reliant and pacified is boring, and it makes me want to be unreliable and dangerous, but I can't be bothered.
I've never wanted to be on the public dole. Even when I was literally a starving student, I never went down and got food stamps, even though I qualified. I just went hungry. Handouts come with strings attached. Never hand over your life's command to a government entity.
EXACTLY!! Human's need to strive for something, or their life won't mean that much at all!
Your Kids also need to see you strive!!
@@TheEquineJournalist 💯
This is the handout problem, dependency
@@simonramos5553 Yes, it disincentivizes striving for the betterment of oneself. I fell into that trap myself when I was younger.
Respect and I agree 👍
Nothing comes for free. Especially the government. That $1000 a month will cost you your very soul.
truth
Vax
How? It’ll pay some of your rent or mortage…. Then you are still at your level of income. Not a huge deal. It will likely inflate rents and house prices unless very careful regulations are thought of and implemented.
@@Fx_- it will inflate all prices across the board. It's also another tool for the elites to divide and control us.
@@Fx_-lol! You aren't getting it, he means it will literally cost your soul as in where you spend eternity.
1000$/month allows you to be homeless in the USA. People will still need to be employed.
The amount will be a lot higher than that. Robotics and AI will increase productivity by 500%-600%, drastically increasing GDP. You will see UBI amounts of about 8K per month. Even Elon Musk has talked about it.
@@Sweetpapawillow it will only help GDP to the extent that people have the money to buy things in the space to put the things they buy. If the price of things drop a lot because of increase production that itself lower GDP and people only have so much room to store the things they buy
@@Sweetpapawillow good luck with that
There will be no jobs to apply
Still gonna be a peasant...average homes will be 1mil+.
The mark of the beast is coming
UBI is only suggested by the economically illiterate or by billionaires who know they will profit from it.
The people that run supermarkets or collect rent love it as they can inflate prices immediately. It won't help the poor as it just shifts the amount needed to afford a baseline existence to be higher. The latest experiments they did with UBI showed it didn't provide any other benefits to recipients in terms of being able to engage with your community etc either.
All of the money that gets printed these days goes straight into the pockets of the already wealthy, growing the gap between rich and poor even more.
@@luddity And it's still nowhere near as wide as it was a few hundred years ago.
Its not income, its a rationing system disguised as "free money"
Do you eat fiat currency?
@@BlackJesus8463 Can you eat gold or diamond or any other shiny rock?
Instead of UBI, just cut income taxes. This will lower the cost of job creation, resulting in lower unemployment.
And removing a lot of government control and abuse.
Yes but that doesn’t put Democrats in power
REFORM UK SAY £20,000 TAX FREE PER YEAR !!!!
INCENTIVE TO SCROUNGERS TO WORK, LESS UNEMPLOYMENT BENEFITS,MORE MONEY IN ECONOMY,BETTER NUTRITION..
VOTE REFORM ,🤯🤯🤯🤯
You think people would donate money to those who don’t have jobs if govt cut taxes?
@@ura9390They did but they don't like it. If u cut income tax then there'll be no one left paying tax lmao... Today's middle class avoids taxes at large, and anyone above that level, even more so. The richer u are the more access u have to legal tax аvoidance. The game is.... well, u already know that.
Ubi is pointless, if you can't afford anything to begin with.
in our days 2000 is only to pay rent. 1000 ubi cant even pay half of it
The idea is communism. You no longer have free agency as a consumer.
@@milo-qh7cv Well you'll have to work to compensate the other 1000. What's wrong ? You prefer to work for a rent of 2000 or 1000 ?
Who says it’ll be too little to afford anything? Businesses need customers to stay in business. Customers need money to buy goods/services. We’d all benefit by making the UBI enough to buy goods/services.
As long as consumers keep buying goods, companies will stay in business and therefore keep paying taxes and the cycle continues.
Population reduction is their ultimate goal. Just look at Canada and some European countries encouraging euthanasia to people who aren't terminally ill as a "healthcare" option.
Every American gets $1000 a month? Suddenly your rent will increase by $1000 a month.
I have endlessly made the point in UBI discussions that UBI can only be achieved in combination with draconian rent controls. Landlords and private equity backed property cartels are robbing the public blind. This licence to print money is destroying everything. There need to be actual rent reversals on both commercial leases and private renting. And whilst property taxes should be abolished, since it is effectively local government acting as a rogue "landlord" to property owners (and evicting them from their on homes when they are too poor to pay this "rent") house prices should be state mandated with punitive taxes on properties sold at speculative prices. This would put Blackstone and Blackrock out of business. These near criminal entities are even buying up trailer parks!
We dont want it like that, we want the chance to get rich on our own, to afford to save, to live, and grow. F the elites.
That is no longer the reality
Too late. Women have been increasingly voting liberal for decades so much, that our entire political spectrum has shifted. You will soon own nothing and be happy.
No way
I've never met a single person in my life who wants to work hard.
People just want to have basic necessities like food , shelter and clothing.
They don't want to work
Yeah go do that urself, give me some form of UBI without any strings and I’m good.
They stole all the wealth and are now planning wealth taxes to prevent someone helping humanity using WEF tactics...
Thank you, Coin Bureau team!🎉
"Then I saw another beast coming up out of the earth, and he had two horns like a lamb and spoke like a dragon. And he exercises all the authority of the first beast in his presence, and causes the earth and those who dwell in it to worship the first beast, whose deadly wound was healed. He performs great signs, so that he even makes fire come down from heaven on the earth in the sight of men. And he deceives those who dwell on the earth by those signs which he was granted to do in the sight of the beast, telling those who dwell on the earth to make an image to the beast who was wounded by the sword and lived. He was granted power to give breath to the image of the beast, that the image of the beast should both speak and cause as many as would not worship the image of the beast to be killed. He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name. Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666."-Revelation 13:11-18
because then they get to control those within the poverty level of society, just the way that they do today via the "minimum wage"....
So if nothing changes why does it matter?
They will ask some " sacrifices" though ...
Only going to get worse AI - Humanoid Robotics and Automation will replace most jobs the current structure of Jobs will be turned upside down
How is minimum wage “control(ing) those within the poverty level of society”? The only people it’s controlling are the employers paying these workers.
When the government gave out stimulus money during the pandemic people saw their rent increase to match. How would UBI work if that happens?
Home ownership reform. Restrict ownership of single family units to one per adult, no corporate ownership. Then predatory landlords aren't an issue.
It did, but other forces were at work too. Private equality buying up property and jacking up rents intensified the housing shortage. The motto of American Capitalism is "why waste a good crisis when you can make a boatload of money by making it way worse?" If UBI starts when rents and house prices are crashing then it is a tools to stabilize the real estate market, and house prices and rent will start crashing soon, since we are in a real estate bubble now (2024).
@@jadedandbitterIt has never been a good idea to remove private ownership in the history of mankind.
Not only that, but the readon prices rises to begin was because the stimulus was just printed out and that caused all prices to rise
@@zero1zerolast393 my proposal does not remove private ownership at ALL. It prevents public ownership of certain types of property via corporations, and limits the amount of property an individual may own so that people can't hoard. You can still own a mansion with my proposal. You just couldn't own two (unless you are married).
@@jadedandbitter I see now, you don't want up to give up private ownership, you just want to heavily restrict private ownership rights and heavily tell people how they used their land.
Calling indentured servitude a "freedom dividend" is one of the most Orwellian doublespeak terms I've ever heard!
When AI does the jobs instead of humans, it is the economy that needs to change. After all, humans will not be earning paychecks anymore.
I work in a highly skilled tech related job and I'm certain AI will replace me a decade from now maybe sooner.
Serfdom is their aim.
Imagine if UBI were introduced 100 years ago. Only the rich had cars at that time - so no money in the UBI for motor vehicles for the poor.
Same with telephones, refrigerators, Internet, mobiles, etc.
every modern convenience would be reserved just for the rich, who could pay for the it.
I think its also diabolical in their plan most goods won't ever be owned but be leased. Utter perpetual debt slavery.
UBi goes nowhere if the income cannot buy resources, most of which are imported! The currency used will not be accepted by foreign countries, so the income will just get turnips or potatoes at best.
Serfs at least had jobs.
That is literally the perfect response. If any of this had been implemented at the time of Karl Marx on any sort of major scale in the west the world would be a much darker place.
Of course the places that did take up the promise of equality got neither prosperity nor equality.
It's never been any different. We are still serfs.
I couldn't imagine living without any challenges. Waking up in state assigned housing, staying close to my state assigned housing, using UBI to buy state approved goods, and do whatever limited activities there are. Why on earth even exist withoit some visipn for your future?
If you unalived yourself, it's better for them.
Called communism
The example of Norway and Alaska doesn’t take a few things into account. The oil companies profit comes from natural resources taken out of the ground in Alaska. It’s not just a random tax because they make money. Norway has only been able to give money to their people because they haven’t had to pay for their own defense. The US has run up a huge deficit paying for theirs and most of the rest of the world.
US defense spending is a small fraction of wasted social spending.
If only U.S did not defend anyone!!! The world would be a better place.
@@marinamatejic6537Soooo true!!!
@@marinamatejic6537 Does the word vacuum mean anything to you. In geopolitics it causes a lot of problems.
@@jimmytucker8365The countries woul defend themselves instead of floading their military costs to the U.S.
As far as genetic manipulation goes, the most important thing we could do to make a utopian society would be to eliminate the gene that causes greed.
I’m sure enforcement personnel will be very well taken care of.
Or they'll be replaced by robot enforcers, so loyalty maintenance and coup worries are no longer an issue.
As will the robots.
@@kevincrady2831 Imagine the "You can't arrest me, I'm a former cop!"
Robot: 🤖Beep boop deploying handcuffs
I am anxious to see how the world's wealthiest people like Mr. Schwab will liquidate all of their assets and disperse their wealth amongst everyone in order to transition themselves to this basic income
If the UBI is in the form of a CBDC then we’re in trouble
And it will and we are
It will be and we are getting closer towards the NWO and final count down starts in the year 2030 and so from that year I don't know how much time we have. It could be a decade or more from the year 2030 when it starts.
It's not the dole that's the problem it's the cbdc that's the problem.
If you got UBI, they could stop it if you didn't agree.
If the UBI is CBDC, then they can cut it if you dont agree AND limit the wares you are allowed to buy and how much of it.
Its conplete financial slavery. You could argue that we already are wage slaves, but this would be peak intrusiveness
We can't do anything about the shenanigans because it's all preordained to happen for the NWO.
We could hunt in the morning, fish in the afternoon, rear cattle in the evening and criticise after dinner! Its really gonna work this time! lol
Anyone that thinks this is beneficial needs to wake up and really think. You will be controlled and limited. No chance to financially grow nor buy everything you want or need.
Yeah, no chance to do it yourself😂.
You mean like fiat currency debasement?
Exactly. That's why we need to get rich and join the upper class, because after AGI there will only be an upper class and lower class with no way of getting out of the lower class.
@@bryantgouveia you are describing Trumps tax cuts and lies about Mexico paying for a wall. Gold toilets for a few, hyperbole and scare tactics to keep townies angry and working for the Walton family with no uptick in the minimum wage.
@@bryantgouveia It's already like that buddy. The opportunities have pretty much dried up.
When they replace all of us who is going to buy all those consumer goods
they will program robots to buy it from them and will give basic rights. and eventually robots will become smart enough that they will revolt.
The elite will buy luxury goods and services from other elites. The masses will starve.
@@doctort434 Who indeed? One thing is will the robots need their masters?
Robots buying Teslas!😂😂😂😂
It's why you need UBI.
Am I being delusional or is this one of the absolutely most important informational channels out there?
No it's not, you are being delusional.
Remember there are other countries in the world other than America.
You know he’s English right ?
Where?
No, there's not anymore
@@David81515 My point still stands
It's not just America in fact all these ideas are rooted in Europe lol
The club of Rome is using the term universal basic dividend UBD.
Trickery indeed
Deception
Is having a small group of trillionaires owning all the automated production and hoarding all the profits better?
No it doesn't seem like anyone here using logic and reason. The port strike was about automation. You can't stop automation. Ubi isn't about a choice to work or not. Ubi is about having no choice as you can't compete with ai@@jadedandbitter
Brave New World vibes...
As well as 1984
Should we destroy all machines and go back to agrarian economic models?
It's called Skynet and we all know how the movie ends.
yep unicorns and cake happy blasting ending
UBI = Inflation. IF less GDP, less productivity than less products as well. Less products same demand = Inflation!
... then ... ?
Then you get rid of people @@DavidTangye
UBI would only happen if most jobs were being taken over by automation, meaning robots and computers would be generating most of the GDP rather than humans, but humans would still need lots of products, including food and shelter, which the UBI would hopefully allow them to buy.
@@ludditylesser human effort needed to get the same results or better thus it may lead to better livelihood, but too much AI is not good coz it may destroy humanity it need to have some sort of balance between AI and humans
I thought so as well until 2008. From 2008 to 2020 the Fed has been printing money like no tomorrow, yet inflation was low. Why? If printing trillions of dollars each year should cause runaway inflation, but it didn't. Where did the money go?
The money supply in 2000 was over $4,800 trillion, now it is over $21,000 trillion and much of that money was printed between 2008 and 2020. We know where the 2020-2024 money went.
I don’t see how this will not cause major inflation which makes the 1000 a month worth 10
If you also throw in the concept of "expiring money" you shouldn't have inflation. Stop people from hoarding
don't worry. there will be price control. and your gasoline quota won't allow you to travel anyway.
They'll just print more; ala post-Cerveza sickness.
It won't be recognized as 'currency', it'll be digital tokens. There will be no inflation, the value of the tokens will not vary. The only reason for inflation is to enable the elites to garner more of the money. Once the people are reliant on donations instead of earnings, there won't really be a need for inflation. It's unlikely to end well.
@@nextari and thus nothing to buy with the money.
I'd invest with my UBI, in my own skills, stocks, btc, start my own business, BUT i suspect UBI would be used to control us even more tightly than now,
They arnt going to let you spend your UBI on whatever you want. Your spending will be locked to the "approved" items programmed through a CBDC.
@christopherdixon4472 exactly, just look at the food stamps and how they prop up companies like Coca-Cola. The government coperations control would grow .
Then your income from your own labors would be taxed at a punitive rate. How DARE you be financially self sufficient?
They will not allow you to spend the money the way you expect. No cigarettes, no liquor , you have to shop within 5 miles of your home at the stores they choose, there’s so many things you will not be able to buy. If you try and buy something you’re not supposed to, they will suspend your UBI for a period of time. When they give it back to you, if you do it again, they will permanently cancel your UBI. It’s BS!! Everything will be tokenized on the blockchain……even your business. Hopefully you’re able to buy crypto now and not have to get UBI. It’s going to be the greatest transfer of wealth in history!! Good luck!
@@christopherdixon4472came to the same conclusion.
The point about UBI lowering peoductivity only stands if the automation that brought on the UBI doesn't exist.
I can come up with of a number of jobs that won't be automated.
Lawyer and politician;
are jobs that the powerful wont allow to be automated.
Psychiatrist, nurse, artist;
I as long as humans are free they will use their freedom to choose human art, human caregivers.
LOL. Parents provide UBI. Employers provide UBI to their employees. Both come with a huge host of conditions. Every one is going to become slaves to the gov't. No, it's not a joke at all. It's the very nature of money.
A no-strings attached UBI is a great idea in principle. It's just a pity that those behind the current plans have no positive principles. We are being ruled by a literal group of supervillains who are destroying everything good that was hard fought for and built over the years by our ancestors, and replacing it with their system against our will.
I'm prepping a private UBI for both my daughters
Parent,teach them how to work and be independent and not dependent.
How are you going about this? A trust fund?
People on disability already know about that life. Its not all its cracked up to be. The people I know in that position are afraid to risk their income to try and make a better life for themselves. But you can feel the envy when they see me doing so well for myself. Its sad.
Control.
They should just slowly increase the standard deduction to the point that less and less revenue comes from income taxes and more and more comes from an automation tax or consumption tax. If unemployment gets really bad due to automation, then maybe try a UBI.
I think the hubris of inventing a technology that makes people "useless" is going to be extremely problematic for them. If you take away purpose from people, civil unrest will brew.
Only among those few who want to work.
UBI creates a psychology leash to fiat currency with a sort of Pavlovian response much like the mania and hysteria of the simulus checks but on a grander, longer, scale.
Until the money becomes worthless
@@TruthBeToldAlways100It already IS worthless. Currency is all about faith and trust. Anyone who trusts government doesn't know history.
@@TruthBeToldAlways100 It already is
We are the last of us. This ends one of two ways. We end up like Alderan or we end up like Tatooine.
Great content Guy. Your knowledge of the machination of economy and Economics is astounding
At a very minimum, if they gave it to everyone, whatever the amount, it would become the new baseline $0. If everybody is super, then no one is super.
"Idiocracy" is approaching.
ow my balls is my favourite show.
We've already entered the idiocracy era in case you haven't noticed.
Best to have this conversation now. This country is not prepared for all the job losses AI will cause.
'Sorry sir, your card has been declined because you have exceeded your monthly carbon limit.'
No one can live on 1000 dollars a month in most countries
my rent alone is more than that
@@benmoorman4087 where i live a 1 bedroom is currently over 1850 rents nuts here im still living with parents.. and im almost 30
Nothing from the government is ever free
Bruh thank you for having the balls to say the quiet part about IQ out loud.
So nowadays, big family, all residing in one home, one lot of bills, plus individual incomes, no debt and that's how you get ahead - Good family relationships.
Sorry to be so negative but the obvious answer once AI takes over is just to have alot less people (and things have already been put into place to make this happen)
UBI. Is $5 a week for us. And Trillions for them
“UBI is an entirely practical proposition” and “of course I will respect you in the morning” and “the check is in the post”. Three of society’s biggest lies 😂
1000? Try again, if it doesn't exceed SSN, it's not going to make anyone obey.
I appreciate all the work that this guy did or his team. The whole point of my comment is there is a failure to realize that that there will be less people if AI is supposed to replace us. That means they're going to be very little jobs if any left over in the chaos of the transition of the restart. They are hoping that a majority of us will kill each other off before peace is reestablished. The smaller the amount of people that survive the smaller amount of Ubi that would be required. That's a win-win for the rich people. They will let that chaos last for a little while
Their population goal is half a billion. They are currently depopulating us and will continue until their target is reached.
It can be done through attrition.
@@OneLine122 so you want to say we're going to be slaves? I was figuring we were going to be modern-day slaves as we are now forced to make a living at the whim and will of the corporations
again a great story Guy and as always without commercials !!!
I think it is a great idea. We should start with the worlds elitists money, Kluas Schwab's money first, and when we go through all of that we reassess for the future.
Possibly we should go back to the very beginning and try again.
We must grow plants and animals like before !!! Small Communities where we make everything, like Ubuntu from Michael Tellinger.
UBI could be good, but it will always be bad while we are ruled by bad actors.
UBI could be the difference between being alive and living to work versus working to acquire goods.
Human beings should not be slave chattel in any form, it ends poorly.
Guy as usual you examine serious and complex issues with balanced objective critical thinking. A most valuable website. Kudos snd thanks
I retired at 53 exactly because i was paying 1/2 my gross on income + 15% sales tax
If companies borrow so much money that they go bankrupt in a deflationary environment, we shouldn't be scared of that saying that's a bad thing. Irresponsible money management and business practices should be punished not rewarded. If that company dies, another one will come up to compete for that marketshare. Economists and governments need to stop buying out failing banks and businesses and tailoring policy towards them to keep them alive. If they're failing let them fail. Something else will take its place. That's the purpose of FREE MARKET CAPITALISM.. Nobody is going to buy me out of my mistakes, why should they have that luxury?
The Debt based Monetary system is THE issue. Money is created as DEBT !!!
The difference this time they want to change everything at once, instead of gradually improvement
When they say it's free, it will cost more than you can bear!
Universal Basic Income needs to be accompanied by Universal Basic Skill. If governments can't guarantee basic skilled labour then basic income will not be sustainable.
Shhh… dont wake them up. They want to sleepwalk into a real nightmare.
Skills are easy to develop
Trading assets etc doesn't make wealth, the profits from trading are sourced from the productive sector. Trading is wealth transfer not wealth creation
They want dependent sheep. They want slaves.
Excellent video. I am always surprised by the quality content of the channel
Control. Government "gives" you money in a digital only government bank account. They can then track everything do and apply taxes and fees. When tied with a social credit score, they can adjust those taxes and fees or even deny a purchase, travel, medical care, etc.
And you'll probably have to check in several times per day at your designated checkpoints, or else.
They can do that right now. People are even opting in with crypto-currencies.
You're assuming elites don't want people to starve. They don't care about that.
The idea here is (probably) to increase food and rent prices making working + ubi necessary for survival. That makes people dependant on the system and it's money.
It's already the case.
If all US citizens would get $1000 a month UBI then I'm moving to a place in southeast Asia like the Philippines and living a pretty good and comfortable life on that while never having to worry about working again lol I'm sure many other people, the smart ones, would do the same thing.
You can do that right now, why wait?
@@OneLine122 because right now I'm not getting a free $1000 every month just for existing lol... you still need some kind of an income to live off of, and 100% remote work outside the US is not always an option
besides the point is to not have to work at all anyways
A thousand bucks a month is poverty
Many middle class dont want kids $1000 a month isnt a hopeful future
Does anyone think they will shut off the money flow to those that don't take a shot during a public emergency? (Or if they STATE there is a public emergency.)
UBI: inflation stoker. Look forward to a loaf of bread costing £400
Prophecy of this in the Bible thousands of years and now we see it. (Google quote check)
@@izzyplant8428 the bible is made up, however the zionists are trying to play it out.
Seems like Rupert Murdoch did his damage in the UK as well. Nothing but hyperbole
inflation becomes a moot point under the slave economy being forced on us... CBDC is not money...
Inflation? Or price gouging? Price hikes without actual cost of production increases can be kept in check by price controls. Price controls were implemented on key consumer goods in the U.S. during the 20th century because society understood price gouging is abuse. In the 21st century, we seem to have forgotten that, as our society has been kept in the dark by corporate media and a lack of consumer protections, consumer reports, and investigate journalism.
THERE WILL BE THE NEED TO MAKE "AI COSUMER ROBOTS" IN ORDER TO MAKE ECONOMY CIRCULATE.
I’m fine with whatever we do as long as the things I need become more affordable and my money stops losing value while my job isn’t increasing at the same rate. I was honestly content with my finances before Covid. Just reset the economic clock and let’s move on. This could all be very simple.
But we rather make it hard...
Are you okay with organ harvesting and bread lines? Are you okay with grinding poverty and a paranoid society of snitches, where people get disappeared for saying the wrong things?
The results of a big UBI study showed that, compared to the control group, the people who were given $1000 per month for three years:
- Worked less
- Spent more
- Defaulted on their debts just as much
- Declared bankruptcy just as often
- And also ended up with a _lower net worth_ at the end of the 3 year study
_It turns out that people who hate their job don't want to do it, and that if they can afford more leisure time they'll take it._
Who knew? 🤣🤣
It's called the PLANdemice for a reason.
I’m not in favor of UBI, but things are so bad that people would not stop working if they received $1000 a month. Well I wouldn’t stop working, I would put that money in the savings, invest, pay our kids private Christian school. I think many people wouldn’t stop working and would use the money to pay debt.
Economic productivity won't decline because we will need UBI because of AI, and thus an excess of productivity in the first place
Thanks for this Guy, one thing missing in this complex system is new jobs in Green economies which are being innovated right now. New forms of regenerative farming, textile production etc which does need humans. Also UBI should be linked to citizens being involved in real political decision making and decentralising power which I know the elite would hate but we should rise to claim.
AI isn’t ready yet