Universal Basic Income

[TWGL1]

The financial crisis could pave way to UBI which I assume will be digital

https://www.mirror.co.uk/news/politi...ersal-28417842

How would this work …. anyone ?

[Wales-Bales]

The financial crisis could pave way to UBI which I assume will be digital

https://www.mirror.co.uk/news/politi...ersal-28417842

How would this work …. anyone ?

In conjunction with programmable CBDC?

[MOZZER2]

wales have already started a pilot scheme for young people in terms of basic income

https://gov.wales/wales-pilots-basic-income-scheme

[superfeathers]

Not being an economist I've always been very sceptical of UBI.
Surely, if everyone gets that same basic bottom line, that pushes everyone's standard of living higher, then rents get unaffordable etc and it's still people at the bottom who would still end up without enough to get by and in poverty?

[Wales-Bales]

Not being an economist I've always been very sceptical of UBI.
Surely, if everyone gets that same basic bottom line, that pushes everyone's standard of living higher, then rents get unaffordable etc and it's still people at the bottom who would still end up without enough to get by and in poverty?

It makes sense if you know what changes are coming.

[Organ Morgan.]

Welfare state Britain already provides a universal basic income through dozens of benefit payments that are up for grabs depending on people's different circumstances. The State Pension is the costliest of all of them.

[Wales-Bales]

Welfare state Britain already provides a universal basic income through dozens of benefit payments that are up for grabs depending on people's different circumstances. The State Pension is the costliest of all of them.

Reduced carbon = reduced energy = reduced jobs.