I used to think it was commie BS too until Bernie pretty much explained it as you did w/the numbers, then it made perfect sense.
That is a very good point there. UBI will eventually happen, it’s just the way that ideas are floated into the mainstream press for awhile before it picks up momentum. Not at all unlike "zero interest rates" (ZIRP) and eventually NIRP in certain locales. QE and other assorted programs also were met with incredulity initially, but eventually became "mainstream".
I also believe the UBI will be the olive branch to the "hoi […]
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