How To Pay For Universal Income
Peter Barnes
6512

The whole notion of how do we pay for it is misguided as a monetary sovereign government isn’t limited by money it’s limited. y real resources available in the economy for purchase in its own currency. Inflation is the only limit not money.

I did a detailed response on another article here: https://medium.com/@jasonericsson/rather-than-a-ubi-which-just-subsidises-low-paying-jobs-that-arent-economically-useful-we-should-ab3c9b5478b9?source=linkShare-8cd16013c2a-1481034033 there are more links in the reply to that comment with detailed economic theory and analysis.

Like what you read? Give Jason E a round of applause.

From a quick cheer to a standing ovation, clap to show how much you enjoyed this story.