/biz/ - Business & Finance

>>23301888
Depends how much

>>23301888
Immediately pay it to my landlord.

>>23301888
Gamble it all

I have a feeling that if a UBI happened then landlords would just adjust prices accordingly.

Say a certain apartment goes for $1000 a month right now. You start getting $600 a month UBI income? Well, the rent is now $1600 a month :)

>>23301888
Already get paid unemployment. Probably sit on the couch, lie down for a moment, and take a mental health break for 2 days. Afterwards, figure out what to do next.

>>23301888
start smoking crack and meth

>>23301888
Buy more crypto/real estate because the dollar is about to plummet

>>23301948
Well, now that you have the funds to move, you should a couple of like-minded friends and try to find a cheaper place to buy.

>>23301986
retards are never going to stop renting

>>23301948
>posts on /biz/
>doesn't understand price discovery
Checks out.

Go and stockpile food before the inevitable famine

>>23302022
Can I eat Bitcoin? Should I stockpile it in cold storage?

>>23301960

>>23301888
Save every bit of it.

>>23301888
Buy bitcoin

>>23301888
Put every paycheck into crypto and wait for dollar to tank.

>>23301888
move to a non cucked country.

>>23301888
If it uses fedcoin dump it for crypto if it doesn't dump it for crypto.

>>23301888
Buy many onaholes.

>>23301888

Invest it all in consoomer stocks

>>23301888
Quit my job
>mom dad it’s been nice working under you in the neet department and I thank you for the opportunity but you can lick my ballsack. No more micro aggressions no more passive aggressive comments no more shitty fear based lifestyle no more dred for the shitty tommorrow. suck my dick! If you could just send out a memo and make sure the whole family gets that, that would be great
you know the usual Live

>>23302062
You can't. Negative interest rates.

Invest every spare penny into BTC/ETH and keep compounding the interest earnings.

I’d use the first months to buy new cloths. Been wearing the same jeans since senior year high school 5 fucking years ago

>>23301888
Crypto scams.

>>23301888
As much silver as it will get me, which considering that many people will have the same impulse, is considerably less than it will get me now.

Of course this same price movement will be seen everywhere, I.E. the cantillion effect. Which is why UBI is fucking stupid.

>>23301888
Buy the dip, because cefi is about to completely fucking collapse from hyperinflation.

>>23303260
>Which is why UBI is fucking stupid.
It's only stupid if you're stupid enough to hold fiat after it. It's fucking genius if you want to accelerate the decline of the fed and usher in the new era of crypto kings sooner.

>>23302608
Fucking faggot

>>23303558
I feel like there will be two classes among us poorfags: The people that increase their standard of living to their wage+UBI, and those that use UBI to free up money for whatever investments they pursue.

>>23301948
>I have a feeling that if a UBI happened then landlords would just adjust prices accordingly.
One anon at least understands the fundamental flaw of ubi

>>23301888
all in link

>>23301945
this. and maybe take a trip to europe when the travel bans are listed. i already did everything else when i got my pua neetbucks.

Quit my job and NEET it up, duh.
That being said Australia basically already had UBI, but it's not enough to live off. Well currently it is because they doubled it for the coof but that's not going to be forever. If it was I'd gladly coast along on it.

>>23303692
we need a bill to regulate these landlord fags from scaling up the rent, UBI should be more than enough for them

>>23303861
Just tax the shit out of rent income
>Inb4 rent just rises
Jes, but it would be massively favouring home ownership and other asset classes over real estate investments, thus prices to buy homes would sink

>>23301888
Suck my own dick. Check em

>>23301888
Probably take a deep breath and (try to) relax.
UBI would eliminate a good part of my worries.

>>23301951
based

>>23304199
checked, and based

>>23301888
Just like every day I wake up, check on my crashing tiny crypto portfolio, and pee.

>>23301888
immediately buy other assets with it, and turn any cash I have lying around into other assets

>>23302054
those metal bitcoins have some nasty paint on them from my experience

>>23303579
oh Im sorry did my superiority cause some ass hurt boomer?

>>23301948

>implying that they won’t crash the housing market and buy everything up before ubi and rent control

>>23301888
I would set up a smart contract on ARPA and put my kids on it as an inheritance when I die or something

>>23301888
Fuck off to the woods forever

Our deficit spending now is enough to impact purchasing power and value of the dollar and most if it never even circulates. Increasing circulted supply as much as UBI would (since we all know we're never not deficit spending in a fiscal year probably ever again) would absolutely tank the purchasing power of a dollar like you've never fucking seen. Your life savings will turn to sand before your eyes.
>>23304351 is the only actual response to UBI. Buy assets before purchasing power dies. Crypto, Gold, Property, any nonrenewable and nonprintable asset.

>>23301948
Might work in the US but in Canada you are not allowed to raise rent above the amount the government says you can increase it, so long as you have tenants. The increased amount you are allowed dowsn’ Keep up with rising costs and this is why lots of long term tenants end up getting kicked out in favour of new tenants. But you also can’t kick out a tenant. Unless a family member is moving in so you have to get a family memto move in for 3 months to get an unwanted tenant out and then you can get a new tenant for the appropriate rent.

>>23303032
based

Nothing, cause government would ensure you'd only be allowed to spend it on certain things
>What's that, you want to get a few pizzas for your family? Pizza is unhealthy, you can only have one.
>You want meat on that pizza? That's bad for the environment, have some bugs instead
>Soft drink? No no, sugar is really bad for you, you can only buy chlorinated fluoridated water.
>Garlic bread? Sorry but that will take you above the amount of calories recommended by the commissar of health.
>You want to buy petrol so you can drive and pick up your pizza? Private ownership of vehicles is bad for the environment, you'll have to buy a bus ticket
>You want to buy cryptocurrency? I'm afraid that's not on the list of acceptable use for your UBI.
>You want to take a holiday? Unfortunately you can only spend your dollars in your county.
>You want to leave the country? Sorry but you can't buy plane tickets with that money

Seriously though, if you start seeing the signs of any combination of UBI, negative rates or a digital dollar, leave the country because there's no going back.

>>23305603
Government will control all essential supply chains and price control will allow normal consumption and then slowly they will have bullshit excuses to raise rates because of muh global warming guys, fires burning everything ahhhh, we must use renewables
>1000% increase in power cost
omg, meat farming bad
>onions burgers on july 4th
We are fucked

>>23301948
Why would they raise $1,000 it a month? The median household income is $60,000. Let's say you have two in a household, then that's $24,000 a month. Do households making $84,000 a month pay $1,000 more in rent? Rent will rise, but they won't rise the whole UBI amount.

>>23305898
>then that's $24,000 a month
>making $84,000 a month pay $1,000 more in rent
Fuck I meant a year, it's late

>>23305354
housing probably won't crash and they will still buy everything up
the fed (and respective central banks) will eventually own it all. legally.

>>23301888
Coom.

>>23301920
don't forget to tip your landlord

>>23301888
quit my job and get high and drunk and watch anime, do this for a few months and get bored, then do something with my life

>>23301948

Maybe in the land of the free but not possible here in Euronigger.

Also i highly doubt every landlord would do the same.
If you're uncomfy with you Landlord then get the fuck out of the space you are into.
Lookup for cheaper locations

>>23306283
>do this for a few months and get bored
for most people who would attempt to do this, the months would become years

>>23301888
Quit job immediately, move to absolute cheapest part of the country, eat nothing but chicken carrots broccoli ramen + vitamins, invest any money I'm not spending in crypto, and spend all my time freelancing online. Only leave the house to go to the gym

So basically the same as now except with a guaranteed income

>>23301948
Something similar happened here (nz) with student allowance (basically free money for any university student whose parents arent well off)
The government announced they would raise the weekly allowance by like $50, and all the landlords in university towns immediately put the rent up $50 lel

>>23302874
Then he could buy crypto or precious metals to preserve it

>>23305603
Could still get around it by stockpiling anything which doesn't have a usebuy date or trading your ubi to another person

>>23301948
Before UBI happens all real state would be immediately bought, because there will be literally lots of people with guaranteed money to rent them.

I cannot emphasize this enough, if you don't get a house before UBI happens you'll end up renting forever.

>>23306650
>if you don't get a house before UBI happens you'll end up renting forever
well, that is of course part of the plan.
life as a lease & subscription

>>23306643
>FOUR cans of beans? I'm sorry, it says here you live by yourself, you're only allowed to buy 2 cans this week.
>Sorry anon, you can't buy ammunition with your FEDcard, and I'll have to report to the ATF that you tried to do so.
>Hello, I'm the local community commissar, we have video footage of you (facial recognition tech) attempting to buy a second freezer. I need to search your house to make sure you're not attempting to stockpile food
That might sound crazy but it was actually what happened in Venezuela
>Sorry, you can only buy salmon every second week, government says we gotta protect the oceans, but can I recommend you some witchety grubs?
That's just the thing anon, you won't be allowed to stockpile. Every dollar you spend will be tracked and accounted for. The elites will use UBI to track and control everything you do.

>>23306741
Its possible. They would probably do something like that if the could but it will be hard whwn we have 3d printers if you get what i mean

>>23306643
To bloody well clarify, you're not gonna be getting a pile of cash. You'll be getting digital dollars, FEDbux, on your offifical FEDbux card, and every transaction made on the card will be traceable, probably through a blockchain. You might be able to buy gold or crypto with physical dollars from your actual job, but only until physical currency is phased out and a digital dollar is phased in.

This will all be for your own good of course, because physical money is dangerous, i-it m-might transfer germs! The Rona! If you you support physical dollars, you're a grandmother murdering psychopath! Police, put him in prison!

>>23306810
Here's what i would do. I would buy say a new toaster, and then sell my old toaster to someone for cash or some other store of value. I would do this with a bunch of items until i had stockpiled enough capital to buy gold in half or quarter ounces and or crypto person to person trades

>>23306741
and then the goobermint remembered the 500,000,000 guns and 40,000,000,000,000 rounds of ammunition scattered all over the country, sobered up, and decided to just continue with the whole slow-decline-jew-plan instead of implementing the -guaranteed to get the system destroyed- plan.

>>23301888
just dump all my money into apple and nike because niggers will be going crazy buying iphone and jordans.

>>23306918
I personally think the elites don't care if the system gets destroyed, since they're the ones with the wealth to take control in the aftermath, just like the Rothchilds did with the London stock exchange. Normies are being led to be hyper-partisan against each other rather than the government, so if violence does break out it'll be the left and right fighting each other, with the same old government officials stepping in after the violence to be the hero and 'stop the chattel from being uncivilised'.

>>23307001
>they're the ones with the wealth
This is a good exercise? What is wealth other than wellbeing? Wealth is equivalent to welfare and has nothing to do with systems of control. What you really need a better understanding of is power. Does a royal have power over you in a closed room? The answer is "only if you give it to them."

>>23307043
>what is wealth other than wellbeing?
Anon, wellbeing must take into account the future. In order to secure wellbeing for the future, one must prepare, be it through securing food, housing, work, or money as a tool for storing wealth. When money becomes unsound and is manipulated by elites for their own good (aka fiat money), it does impact the wellbeing of those who worked for it. Or do you believe that the devaluing of your money by supposedly 2% each year is in your interest?

>>23307001
their power is the system, no one has any reason to listen to them once that system crashes. they can try to restore order with force/be the hero, but they'll just get shot by the other million tribal/mercenary groups running around doing the same thing ntm the redneck snipers which will be everywhere. nah, this system fails, it's over bro, they're not going to let that happen. slow-decline-jew-plan is going to continue, a managed fall.

>>23306810
At least someone fucking understands how bad shit is gonna get once we have a centralized global dollar and no more untraceable cash. Buy all your guns and ammo while you can, because the fed sure as fuck isn't gonna fund their own downfall.

>>23301888
You mean Universal Bitcoin Income?

>>23301888
No change.
I worked hard for many years to build up a nice career which is really picking up momentum and pays a lot more.
I wouldn't want to become dependent even if I had a crappier wagie job. You'll have to do whatever they want, and even if you comply they might decide to turn the whole UBI thing off again for whatever reason in a few years.

Go back to sleep

I used to be in favor of UBI, but now i understand who pushed this narrative. its a control mechanism. Oh you said this on the internet? your social credit score is reduced by 50 points and you are not allowed to have access to your funds for 3 months.
oh you support this political organization? your funds are docked 500$. Oh you eat this brand instead of this? you will be getting $250 less per week.

>>23301948
This wouldn't fly, we have laws for price gouging laws in the US.
https://www.american-apartment-owners-association.org/property-management/latest-news/landlord-charged-with-price-gouging/

Any tenant who suddenly raises prices under a UBI is an absolute brainlet, a UBI would mean You never have to worry about people paying rent again, it is a steady flow of income for life and if you keep prices reasonable you never have to worry about tenants and would have 100% occupancy.
it also gives people the ability to search for better options since they have the money.

buy more xrp and drc

>>23301888
Don't wait until they introduce it, which they will
Start buying gold and silver coins and tradable goods such as disposable cigarette lighters which were very popular during the Bosnian civil war
If they start handing out a living wage for nothing in return, then the money you get is also worth nothing

>>23308067
negative income tax also means if you don't spend all the ubi by the week or month any remaining funds you had will be erased, this ensures you aren't allowed to save any money so that the economy will constantly get pumped.

>>23308119
If you dont use all of it, then you have terminal retardation

>>23301888
quit my job, move to third world coubtry but keep us citizenship.

>>23301888
Tendies and fries.