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@ Guy Swann
2025-02-24 17:11:21
1000%, discussion around UBI is always a gauge to how well someone understands basic incentives and market function.
There is literally no world where UBI doesn’t destroy an entire layer of the market incentive structure, leaving the society poorer than what UBI gives.
In other words, if you use UNI to give everyone an apple a day, it will lower the supply of apples in society by 2 apples a day, and literally everyone will be worse off by an apple, and worse they become dependent on the one apple they get from “the system” because apples are now too expensive.
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