Sorry this is going to be light on source reference but it is an example of why the post was made.
The OP wants a war chest of common sense ammunition to use when someone espouses an idea counter to conservative thought....
Im not saying
@Choid is a full on Communist but his postings indicate that he has not yet aged beyond his idea of "Liberal heart" to gain "Conservative brains".
1. Seems we have both grasped the same understanding.
2. Ditto.
3. We dont have a currency system backed by a linked/defined commodity as when a note was expected to be backed by the gold reserve.
We print money. Its only value is based on faith in the stability of United States government and most importantly, the expectation its people are productive. Foreign nations give value to our money based on the idea we are a lawful, viable Republic and the creativity and capacity of our system in relation to their own or alternatives. We also benefit from Bretton Woods in that we made our money the reserve currency/petro dollar.
Locally though the value of our dollar is set by the exchange of what you get in goods and services. A plumber may set the value of his sweat equity at $100/hr. You can call the plumbers labor "utility". Jeremy Bentham had his points but he didnt really take into account the idea of the individual. He was about promoting the good for the greatest while not concerned with the pain it brought to the fewer....
en.wikipedia.org
Stick to Locke and Jefferson for philosophy.
After busting his balls installing a sink and toilet the plumber has imbued that printed cash the home owner hands him for his labors with value. The home owners dollars have value/utility based on the exchange made to get them. Maybe they sold a product or performed labor. The plumber can than take 4 hrs of his now valued paper and exchange it at Dicks for a Remington 700 valued at $395 for raw materials, labor and all costs getting it to the store.
What value does UBI impart to the money hot off the press?
If its just to get money in the economy I argue a tax cut is better at doing that. Let the plumber spend his money.
4. The car was chosen as a random example. UBI will do the same to milk as it does cars. It has been happening since Aug. 15, 1971.
Schemes like UBI will only accelerate it marginally. Sure UBI will provide more dollars but those valueless dollars mean nothing. Initially the market recognizes increased demand due the flood of UBI. Prices than rise. The UBI person finds themselves in the same place they were previously. Producers still fuel the market with their productivity and dollars that their efforts have imbued a value to. Going back to cars even without UBI what has happened to their value? Is an F150 really that complex that an average price is $40K?
5. You are making no sense.
The person getting UBI delivered on his porch is getting junk mail....its worth the recycle bin. Gold is a scarce commodity. I find a nugget it in the river there are many that desire it either for its scarcity or as a production material. Diamonds are plenty but control/monopoly has imbued them false value.
UBI dollars will neither be scarce or have other value other than that they are "counterfeits" of the dollars the plumber imbues with value. You actually devalue the plumbers dollars. He will now increase the value of his work to $120/hr and his Dicks Remington is $480 now - still 4 hours of his sweat, oh excuse me added utility, and eventually out of reach of Mr UBI unless the government increases his UBI.....nice cycle.
Inflation has been a fact over the last decade. From the perspective of Moms basement it may not be apparent but buying groceries, paying for energy, price of common goods it is apparent there is inflation.
Our govt inflation indexes don't count many of the things we actually use and they miss the rise.
The Consumer Price Index is a widely quoted measure of inflation in the United States, but the methodology used to calculate it generates controversy among economists.
www.investopedia.com
Govt policy not anything to do with the market is causing the energy increase. Trump gave me a raise with $2.00 gas. Up $.40 in my area over the last month. I expect $5/gallon in three years. Thats money out of the consumer goods economy into the energy economy.
The inflation in stock values is because all other alternatives have been removed from us. Traditional safe investing which most Americans preferred, at their own financial crippling, left right after 2008 when the Fed killed the value of saving. People now invest in stocks because 5% savings interest and 7% CDs dont exist.
In 2008 with an ING account set up for my home improvement money those were typical rates. My loan sitting in the bank gained enough interest every month to buy better fixtures and appliances than planned. Granted my loan rate was also 6.25%. Now sitting in the bank at 1% it would be a daily net loss.
This was a kiss to Wall Street at the cost of putting seniors/fixed income people in jeopardy. There is a real bubble in 401Ks that will be milked by the Titans one of these days. I only hope that I am in a chair when the music stops.
The only other safe harbor investment has been housing. 3% rates have driven housing prices up beyond the market value controls of location and scarcity (supply/demand). The result of that is soon no young family will be able to afford a home. That's okay because we are supposed to live in the Titan idea of a beehive and own nothing.
6. In Finland instead of finding that UBI increased the labor pool as they had hoped it didn't.
People didn't use their UBI to improve themselves, get training for a better job, get childcare so they could enter the work force. I read reports some of them wrote poetry or took the money to allow them to hang out and paint. That was what people did in the Soviet Union and their economy suffered from shortage and stagnation while being considered a world super power.
Commies always base their claims on environments that don't exist and they deny human nature.
They say "Socialism/communism works if these factors are in place....." but those factors are not naturally in place and do not work in the real world.
Communism only works in a limited population of homogeneous people faced with an external existential threat. Remove any of that and it fails.
Too many people you likely create surplus and people become capitalist, labor specializes.
Get people with varied life goals than they want freedom to do as they please and the socialism machine suffers the lack of drones to keep it running. The drones become upset seeing others leaving more work for them, eventually the working drones stop working.
Without an existential threat people refuse to subvert their individual goals for the betterment of the community.
Its human nature.
Socialism/communism is counter to thousands of years of understanding basic human nature.
Fuck even commie Bernie failed the test....
Bernie Sanders was allegedly asked to leave a hippie commune in 1971 for “sitting around and talking” about politics instead of working.
freebeacon.com
The genius of our Declaration of Independence/Constitution is that they are completely built upon the bedrock of human nature and protecting against the worst aspects of it.
Closing....
UBI/socialism/communism is untenable because it is an affront to human nature. It tries to force the stream to flow uphill.
Capitalisms harnessing of human nature will lead to abuses but it ensures constant improvement, pressure to provide the most utility at the lowest cost to the greatest extent possible. A Republic of laws would hold those accountable that abuse the system. Political malfeasance interferes with the mechanisms of accountability.
The socialist/communist puts their policies to work making assumptions about the community that don't exist. It denies the basic needs/desires of a modern western society and your general human regardless of their culture. Aesops simple observations were astute and universal.
Only un-natural conditions, conditions of a dystopian nature, allow the ideas of the socialist/communist to work. I don't want to live in that world. I experienced a taste of it living in the Soviet Union. It is the last 11 months on steroids.
And really, you want to deny Ben Franklin? A man that amongst peers of high genius he stood out.......
If Franklin was wrong why these signs....Science!
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