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Where do you get the UBI from? Taxing reach people and companies? Which ones? Can they avoid it, even with a complex sequences of numerous administrative steps, clever legal interpretations and social engineering? ...

Now suppose you have UBI, it means some (formerly) poor people receive some money, in exchange of no work from their part, to spend on things they "desire" ("need" would be better here): so you end up having fake prices on those things, precisely what you wanted to avoid. And who can benefit from UBI? Could some not really poor people apply to it, even with a complex sequences of numerous...?

The only way is to have complete globalisation of finance while keeping localism for (most of) production and political decisions. Transitioning to that model won't be fun.



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