T wo years after the people of Switzerland overwhelmingly voted against establishing an "unconditional" Universal Basic Income (i.e. ‘free money’ for every man, woman and child in the country of roughly 8 million), one village has decided to go ahead with the experiment.
Per Bloomberg , the village of Rheinau, which is situated on the banks of the Rhine river roughly an hour’s train ride from Zurich, is planning to hand out 2,500 francs ($2,750) a month to every inhabitant. But for the program to move forward, more than half of the village’s residents had to say yes. A […]
Full Post at www.zerohedge.com