Economies produce surpluses. As long as the UBI pool does not exceed that, the balance sheet remains positive.

or you'd have to hyperinflate every payout session

making the money literally useless to have

But then for each tax you pay 90% of it

And then you’re left with some money

Maybe I have a different definition of UBI.

And you pay 90% of the next without replenishing

You’re just going to lose it all

Is it not a guarantee of a minimum income?

He’s basically just saying lower our taxes

yes

but how do you get that minimal income?

From the economy's surplus.

How do you finance any other government program?

tax money

Well then if everyone is taking it from the economy then no one is going to replenish the economy

if you have machines to replace all food production, you can do it everywhere

Thus making food non-tradable

meaning you stop getting economy surplus

cuz the economy in those branches stops

and you still have to invest resources into maintaining the machines

If we can automate food production then we can be satisfied

Which is basically it

A utopia is heavily controlled

You would calculate the budget for UPI by the number of people receiving it multiplied by the amount of income it's supposed to guarantee, roughly.

automate food production, and automate its automation

Everyone shares because there is no merit

No one in the giver was making the best new invention

Everyone was content with what they had

you can get UBI once you can automate automation,

At which point you don't need UBI anymore cuz theres no requirement to work

well

Hmm?

We have money to finance our military.

fact is that people with an IQ of 100 or below really have no work anymore

There’s still going to be people repairing shit though

By that logic, it would be impossible to have an army.

Flipping burgers? Yeah you dont need a human for that

^

fuck an army

Don’t need humans to kill robots can do it

I am just talking about UBI.

people have been repeating that prediction for nearly a century