Bankers are the first one that will eventually support UBI legislation in the US.
Because they understand that UBI will be a profit center for them without some sort of limitation on predatory pricing and lending.
1. The increase in demand will first short-circuit the supply of basic essentials.
2. Banks will be the first ones to step in the gap to finance companies working to meet UBI demand
3. Then eventually over time, banks will begin extending credit to overextended UBI-powered citizens. The citizen is the conduit for government-to-bank revenue exchange.
Bankers are the first one that will eventually support UBI legislation in the US.
Because they understand that UBI will be a profit center for them without some sort of limitation on predatory pricing and lending.
1. The increase in demand will first short-circuit the supply of basic essentials.
2. Banks will be the first ones to step in the gap to finance companies working to meet UBI demand
3. Then eventually over time, banks will begin extending credit to overextended UBI-powered citizens. The citizen is the conduit for government-to-bank revenue exchange.