Originally Posted by
OurManFlint II
I think the numbers i seen once for the UK were the equivalent of about 60% of what is currently spent, the other 40% would come from reductions in public services no longer necessary as a result of people having 1000gbp a month (crime and the knock on effect, entrepreneurs would rise, better health, staying in education).
Those advocating it, that i have seen its not necessarily about rich and poor but to give people better life choices (mainly working shitty jobs, better child care, healthy food)
I assume the inflation is the same as what we are doing now with quantitative easing, which hasn't seen massive inflation. Of the places it has been in place it didn't have a huge impact and actually people reinvested their money, see point 1, entrepreneurs. Creating more quality work for people, more tax and a cycle of money.
The 1st thing the UK would need to do though before starting this experiment is legalise weed.
I think most places that tried it showed a success hence why it will never happen.