UBI, or universal basic income, is a form of direct cash assistance to help the most vulnerable get back on their feet. A new study in Denver suggests it works.
We tried ubi during lock downs Here and it not only failed catastrophically but our government had to give up on billions of dollars people aren’t eligible for it caused catastrophic nearly unrecoverable inflation and people are now walking away from their mortgages that they can no longer afford
Recent inflation was actually caused by lending rates dropping to zero, investments being made on that basis and now that lending rates are normalized costs are increasing, and now prices are increasing to maintain profits.