Message from @!AAmazing Hoping

Discord ID: 554119248771809295


2019-03-09 21:00:48 UTC  

doesn't it just cause unemployment

2019-03-09 21:01:13 UTC  

if the govt prints money to pay the unemployed people yes, but in ubi everyone is supposed to be getting paid the same anyway

2019-03-09 21:02:48 UTC  

isn't inflation caused when people have extra money, so much so that people are willing to spend more for the same thing

2019-03-09 21:03:05 UTC  

so prices can go up and people will still pay them

2019-03-09 21:49:21 UTC  

@Eno_ nah I mean the higher costs of wages will make them rise prices

2019-03-09 21:49:30 UTC  

Then they’ll try and invest in job killing things

2019-03-09 21:49:33 UTC  

To cut them costs

2019-03-09 21:49:47 UTC  

Price inflation and monetary inflation is different

2019-03-09 23:44:51 UTC  

Guys.

2019-03-09 23:44:52 UTC  

https://cdn.discordapp.com/attachments/418667927169138688/554087239571734529/image0.png

2019-03-10 00:41:57 UTC  

https://cdn.discordapp.com/attachments/418667927169138688/554101604500897792/1552169702210.jpg

2019-03-10 01:47:47 UTC  

But if automation actually does happen it will result in such rapid advances in productivity that inflation won't be a concern

2019-03-10 01:48:35 UTC  

If productivity advances faster than average consumption, inflation will decrease

2019-03-10 01:49:20 UTC  

And a VAT-funded UBI, while not the only approach, would help discourage excess consumption with that money and instead encourage savings and investment, which would help address the problem of overspending

2019-03-10 01:49:51 UTC  

and eventually we need to give up on the idea of people needing to join the labor force. a human labor force will be obsolete, and we need to know that and plan ahead. so while maybe we dont need a ubi right now, we most certainly will need a money-based welfare program in place in the future, ideally right before it is needed

2019-03-10 01:50:16 UTC  

how did i get conservative and bnl got libgay

2019-03-10 01:50:22 UTC  

i want libgay lol

2019-03-10 01:50:46 UTC  

And @sɪᴅɪsɴᴏᴛʜᴇʀᴇ a UBI is by definition *not means-tested.* If you make $1k/mo and get a job paying $1k/mo, you double your effective income, as your benefits do not decrease at all.

2019-03-10 01:51:02 UTC  

talk to [some mysterious admin]

2019-03-10 01:51:54 UTC  

lol

2019-03-10 01:52:03 UTC  

not clear who

2019-03-10 01:52:18 UTC  

idk

2019-03-10 01:52:23 UTC  

maybe the guy with the most roles

2019-03-10 01:53:51 UTC  

And ideally, a completely automated economy with fairly-distributed resources is the best outcome.

2019-03-10 01:55:41 UTC  

yeah, communism is, in fact, inevitable, in fact id say technocracy specifically, but i dont think we're anywhere near that

2019-03-10 01:55:56 UTC  

ohno i just realized i said that on a trump server

2019-03-10 01:56:03 UTC  

this should be interesting

2019-03-10 01:56:24 UTC  

You could delete it before anyone sees.

2019-03-10 01:56:31 UTC  

¯\_(ツ)_/¯

2019-03-10 01:58:12 UTC  

It all depends on who owns what and what rules they have to follow, in the end

2019-03-10 01:58:20 UTC  

nah, im waiting for reactions

2019-03-10 01:58:29 UTC  

*communism is inevitable*

2019-03-10 01:58:35 UTC  

i wouldn't say it is

2019-03-10 01:58:36 UTC  

Thing is, Trump isn't exactly against inevitable communist utopia, assuming for sake of argument that's how things ended up.

2019-03-10 01:58:38 UTC  

👎

2019-03-10 01:58:39 UTC  

society could collapse

2019-03-10 01:58:48 UTC  

Communism is not inevitable

2019-03-10 01:58:57 UTC  

which is very probable actually

2019-03-10 01:59:04 UTC  

Society wouldn't collapse either

2019-03-10 01:59:10 UTC  

Trump's platform is America, now.

2019-03-10 01:59:17 UTC  

it would restructure and eventually be communist