[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]

/biz/ - Business & Finance


View post   

File: 142 KB, 1160x420, 1528498071879.png [View same] [iqdb] [saucenao] [google]
9808190 No.9808190 [Reply] [Original]

>/biz/cucks will hate socialism but unironically support the repackaged socialism called Universal Basic Income

Explain.

>> No.9808205

I hate both you fuckin commie

>> No.9808211

>>9808190
no one here supports that, we only support cryptocurrency. go to /pol/

>> No.9808224

>>9808190
Fuck no we don't support UBI, on brainlets who don't know what inflation is do.

>> No.9808236

>>9808190
I don't support either.

I do believe we'll have to have UBI when automation really really picks up.
I give it 30 years before we're on UBI

>> No.9808297

>>9808190
also what a fucking attention seeking faggot troll.
>HURRR you all support this cause i think everyone does.

>> No.9808314
File: 45 KB, 1000x1000, 1502691951921.jpg [View same] [iqdb] [saucenao] [google]
9808314

>>9808190

>> No.9808316

>>9808190
I support UBI if it replaces SS, welfare, child credits, etc.

this is because I'll qualify for UBI (there is no qualification), but I don't qualify for these other cuck programs (I don't even qualify for social security because I don't work)

>> No.9808322

Nope I hate UBI as well I had most forms of socialism but mainly programs that give people shit for free even though they abuse that privilege.

>> No.9808329

>>9808190
everyone who supports UBI is either a lefty/pol/ retard with way too much fucking time on their projecting privileged little hands, a straight-up shill, or they are larping shitposting faggots
glad to see a thread against UBI, though

>> No.9808379

>>9808190
As a libertarian I could see supporting UBI as long as it replaced every other program. It would just be easier.

>> No.9808384

>>9808316
Some people would actually lose an amount worth of benefits if those things were cut and UBI was in place.
Overall cost of UBI is higher than all social welfare though.

Bigger taxes would be needed.
That's why I think automation will be the thing to push us to that point.

Bigger companies would actually be able to afford the bigger taxes with the amount they save from automating everything
>>9808329
I'm not a shill but I think we'll need UBI in the future

>> No.9808441

Could this be a UBI discussion thread?

>> No.9808471

UBI is a bullshit. It would destroy any society. Instead of that I'd prefere 6 hours working day.

>> No.9808495

>>9808471
how do you think it would destroy it?

>> No.9808549

>>9808471
You'd be working 4 hours a day or less if hours worked had scaled with worker productivity over the last 30 years. Instead wagecucks get to work the same hours for the same pay while making twice as much money for their corporate overlords.

>> No.9808555

>>9808384
Yes, those people SHOULD lose some benefits

they're in that zone where they make just enough to have a shitload of benefits and if they make more money the benefits phase out too quickly so they are only incentivized to make like 15K-20K a year

> Bigger taxes would be needed

If I pay 10K more taxes for UBI, but I get 10K back, it's a wash. Only higher income people would pay more than they get back. I have mostly investment income. But of course they could have shit like NIIT to pay for it which would fuck me.

>>9808471
a government regulation limiting hours worked to 6 hours a day would be stupid

I think skilled workers should start demanding that, though

8 hours is cake when you're doing light physical labor, it's shit when you're programming or doing anything that requires deep thought

>> No.9808591

This is why I know chainlink will work. The fact that Chainlink will make UBI necessary.

Socialism sucks and so does UBI in a vacuum. But where Chainlink is taking the world UBI unfortunately becomes a necessity but it's still bad.

UBI is the new slavery.

If gold backed the currency all this socialist bullshit wouldn't even be an issue because prices would be low.

>> No.9808604
File: 18 KB, 365x273, Georgia_Guidestones-lowres[1].jpg [View same] [iqdb] [saucenao] [google]
9808604

>>9808384
>I'm not a shill but I think we'll need UBI in the future
... or you just reduce the population.

>> No.9808618

UBI is a direct result of everyone being brainwashed by big govt and not understanding or being educated in the constitution.

Public schools are garbage. Public ANYTHING is bad. Public schools just like public restrooms are horrible.

Anything public sucks and that's why all you millennial faggots by into socialism because TPTB got into the schooling system and taught you garbage. And you think it's great because you don't know any better or know what freedom is.

People who openly say they are an "intellectual" or have high IQ's are unirOnically the uneducated ones... because the education is the constitution. If you have to put forth that you are smart or have high intellect it means you really don't and you are insecure

>> No.9808642 [DELETED] 

>>9808211
>EVERYONE WHO DISAGREES WITH ME IS LE /pol/ BOOGEYMANG BECAUSE I SAID SO XDDDD XDDDD XDDDD
KILL YOURSELF KIKE


KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES


CHARA DID NOTHING WRONG


KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES


UNDERTALE IS TRANNY KIKE PROPAGANDA


KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES


CHARA DID NOTHING WRONG


KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES


SARGON IS A JEWISH KIKE


KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES


CHARA DID NOTHING WRONG


KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES

>> No.9808658

Replace social security and medicare with UNIVERSAL (everybody, poor and rich) basic income. I'd vote for that.

>> No.9808662

>>9808190
Universal Basic Income doesn't require a huge bureaucratic agency to operate. Welfare does. Do not fall for social programs or schemes. Even UBI is a bad idea in itself, but less of a devil compared to a welfare state.

t. danefag from legoland

>> No.9808665

>>9808642
This is 4chan, your pathetic caps lock spam is just embarrassing.

>> No.9808691 [DELETED] 

>>9808665
KILL YOURSELF KIKE


KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES


CHARA DID NOTHING WRONG


KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES


UNDERTALE IS TRANNY KIKE PROPAGANDA


KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES


CHARA DID NOTHING WRONG


KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES


SARGON IS A JEWISH KIKE


KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES


CHARA DID NOTHING WRONG


KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES

>> No.9808693

>>9808642
back to your shitty containment board

>> No.9808720

>>9808604
reducing the population just decreases the amount of people who need to be fed, clothed, etc. which further reduces the need for low wage workers

>>9808618
yes, we need to eliminate public schools

>>9808658
then retards will spend their UBI on alcohol and weed and won't have enough to buy medical insurance

buying insurance requires understanding of variance and worst case outcomes - irresponsible people will just try to get lucky and not get sick

I think we do need to have medicaid for poor people because they're dumb as shit

>> No.9808732

Every great person who advanced humanity has come from a situation where they don't have to worry about sustaining themselves; before the 20th century they all came from families rich enough to have servants and shit. Even Marx was bankrolled by Engels rich ass family. UBI is imperfect but it would be a step towards capturing the true potential of humanity so as an experiment I am for it.

>> No.9808740

>>9808190
More efficient than free shit. It gives people money and the freedom to spend it.

>> No.9808753

>>9808224
>Milton Freidman doesn't understand inflation
Sorry you failed Macro

>> No.9808754

>>9808720
I've also wondered what UBI would do to peoples work ethic?

If some people are put in this comfortable environment where they can live without "having" to work, would they even bother with it?

>> No.9808757

Fuck off kike commies
back to 8pol you go

>> No.9808814

>>9808658
Fuck your basic income. Read the constitution. Sound money... and Jews not controlling interest rates and no income taxes and you'll have a flourishing society.

Basic income is coming from the govt who wants all of humanity as slaves.

Why do you think millenials believe in socialism? Cuz they've been brainwashed by the same crappy schools controlled by the Feds.

Public education much like public restrooms are horrible. Public anything is garbage.

The free market gives you income and if you fail you die.

If it wasn't for the govt wasting our money on bullshit we'd probably all have cars right now that could fly in space.

Think of all the investments, innovations, and inventions that will never come to because the govt wastes our money on military and subsidizing niggers and banks. It's literally a human trajedy

>> No.9808815

>>9808754
Well people can do that now. UBI shouldn't be enough to be comfortable. It should be equal to or less than the dollar value of all the free shit poor people get now.

>> No.9808833

>>9808754
Are you a braindead nigger? You have to wonder what UBI will do to people's work ethic?

Go look at any nigger infested welfare ghetto.

How stupid are you people???

There's a reason some rich parents don't give their kids a dime. Because then they'll become wasted of space.

>> No.9808854

>>9808754
Men will ALWAYS want to work to be able to afford higher quality women

>being unemployed
>expecting women to have sex with you

the thing about UBI is it doesn't penalize families with children for working since it doesn't phase out

low income families get a ton of benefits that phase out as they make more money (higher tax bracket, food stamps phase out, EITC phase out, other credits phase out, etc.)

now a low income family is more incentivized to have more income since most of that shit is eliminated except for income tax brackets

>>9808814
in an ideal world I agree with you, but nignogs and spics will NEVER vote for elimination of the welfare state and there are enough white poorfags to vote in Democrats that support it

UBI is the only chance to encourage them to work (since they'll keep more of whatever they make)

>> No.9808857

>>9808190
I'm a Ron Paul bro that thought we needed negative income tax and thoight UBI was BS, but some guy I argued with pointed out how UBI wouldn't stifle people that want to excel, whereas negative income tax might (for people not working to make more money after "tax").

Idk if what he said was right, but back then it had convinced me IIRC

>> No.9808865

>>9808854
shut the fuck up commie piece of shit

>> No.9808873 [DELETED] 

>>9808693
>>9808211
>EVERYONE WHO DISAGREES WITH ME IS LE /pol/ BOOGEYMANG BECAUSE I SAID SO XDDDD XDDDD XDDDD
KILL YOURSELF KIKE


KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES


CHARA DID NOTHING WRONG


KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES


UNDERTALE IS TRANNY KIKE PROPAGANDA


KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES


CHARA DID NOTHING WRONG


KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES


SARGON IS A JEWISH KIKE


KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES


CHARA DID NOTHING WRONG


KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES KILL ALL NIGGERS KILL ALL KIKES

>> No.9808881

>>9808865
not an argument

consider what is politically more viable, I'd rather dismantle every welfare system in the country at the cost of slightly more money going through the government than keep the current system

besides, with automation all the niggers will be jobless and robbing your shit

you will NEED UBI in like 50 years to prevent chimp-outs

>> No.9808887

>>9808591
>If gold backed the currency

It did back the currency, dumb fuck! then fucking Nixon said no more with that garbage.

>> No.9808905

>>9808881
not an argument for UBI, an argument for forced sterilisation.

I think they will go together, if you accept UBI you get a mandatory hysterectomy.

>> No.9808909

>>9808857
Depends how much more can be earned in the lowest income brackets. IMO, the negative tax cap should be at like $20k and under. Neither should be an incentive not to work and both should require that recipients are fully employed

>> No.9808916

also, read this

http://slatestarcodex.com/2018/05/16/basic-income-not-basic-jobs-against-hijacking-utopia/

>> No.9808921

>>9808881
nobody cares about your opinion faggot
using words like "niggers" and "spic" to try to appeal to "right wingers" here is so fucking obvious. Anyone can see you are a commie fag piece of shit, and hopefully you die soon

>> No.9808934

>>9808905
forced sterilization is utilization of force against a person

literally the most statist thing I've ever heard on this entire board

>>9808909
right now, a single mother making 20K ALREADY makes negative money when increasing her income to 30K, 40K, 50K

she has to make UP TO $60,000 to get ahead of all of the benefits she loses by increasing her income

you want everyone making above 20K to stop working?

>>9808921
I voted for Gary Johnson, I'm neither right wing or left wing

>> No.9808937

>>9808833
>welfare
>Created President Franklin D. Roosevelt designed to help poor working class and poor children because capitalism is not working.

Welcome to imperialist America!

>> No.9808947

>>9808934
faggot

>> No.9808951

>>9808887
So if a gold standard was such garbage then why do we have such massive inflation that we are seriously considering implementing UBI???

You think placing real physical value behind the paper is a bad thing?

How stupid are you people?

Half the reason you are in crypto is because the dollar is dying because it isn't backed by gold!

60 years ago you could be a bus driver and make it when we were on a gold standard. Today you can't even have a kid unless both parents have professional jobs

>> No.9808958

>>9808379
It would also be easier to increase cause it adds way more abstraction since everyone gets it

>> No.9808968

>>9808720
>buy medical insurance

the absolute state of burguers

>> No.9808970

>>9808934
Gary Johnson unironically was for the federal reserve to have even more overreach.

In case you faux libertarians didn't notice. Legalizing weed isn't the most important issue. Sound money is the most important libertarian issue.

Ron Paul was a real libertarian wanting to back dollars with gold. Gary Johnson never talked about backing the currency with real money.

>> No.9808981

>>9808190
Communism and Basic Income are nothing alike
Basic Income is basically end game oligarchy

>> No.9808994

>>9808934
Are you mentally ill? I know that 40% of Americans are net receivers. The whole negative income tax and UBI argument is to remove non-income welfare and just give the cash equivalent.

>> No.9809002

>>9808951
>Half the reason you are in crypto is because the dollar is dying because it isn't backed by gold!

Back in 1400s east Africa shells were used as a currency. I'll even go further. Europe used squirrel hides as a currency.

I suggest you research the history of currencies to understand why crypto has value.

All currencies are a psychological construct that we as human race project onto it.

>> No.9809007

>>9808881
I'm with you 100%

But what you morons don't realize is you can't cut spending or welfare because the entire system is based on increasing debt.

Ever notice how congress doesn't cut even just a penny of spending? If they could they'd cut a little just to make it look like they were trying. But they can't because in a Keynesian system

"if you refrain from taxation and regulation the worthlessness of the money becomes apparent and the fraud can no longer be concealed"

That's an actual quote from Keynes openly saying what would happen in his fraud system.

Which is why you need real money backing the currency.

>> No.9809008

>>9808934
it’s a faustian bargain that nobody is forced to take, but it’s the only way for the system to be sustainable and preserve the genetic health of the population over long timescales.

read ‘a farewell to alms’, please, srs poast

>> No.9809012

>>9808549
No because necessities grew along productivity. We could live like we used to 100 years ago with 2hirs of work per day, but who the fuck wants to eat beans every day

>> No.9809014

UBI / negative income tax would also save us a lot of money in the end. I'm sure it costs the govt a lot to hire gov workers for welfare and converting normal fungible cash to EBT etc, and would help shops that wouldnt otherwise be able to accept EBT (aka barrier to entry removing for competition)

>> No.9809021

>>9809002
And guess what? Seashells didn't last as a form of money like gold did. Not to mention gold was money thousands of years before African seashells too.

Gold is MONEY and can be currency. You idiots don't even understand this fundamental thing. Money is a measure of value. Cryptos don't measure value and cryptos certainly don't solve the debt problem. But gold does.

>> No.9809024

>>9808970
Decentralization is the policy that would lead to the most libertarian scenarios, we need that first.

>> No.9809034

>>9808937
These morons don't even realize that the ENTIRE reason socialism exists in the first place is because we have a debt based fiat currency.

Welfare can't exist on a sound money system with gold backing the currency.

If you want to end welfare you have to end fiat and return to a gold standard

>> No.9809049

>>9808951
those are separate concerns

even if you were on the gold standard, you would still not make it today as a bus driver

this is because WOMEN entered the work force so you have double the retards willing to work no-skill jobs

it used to be that people would get married and have a family that lived in one place instead of everyone trying to have their own apartment

of course you can't make it now, people are unmarried and there are twice as many workers per capita

>>9808968
there should be a free market in health care, but poorfags should be subsidized because they are too stupid to buy insurance with their own money

>>9808970
he was still the best choice on trade, personal liberties (not just weed, but online gambling, etc.), not going to war

>>9808994
You could have just posted that post without the ad hominem. It makes you sound like a retard that can't make an argument.

if negative income tax replaces welfare completely, it's overall a better system than what we have now, I agree with this

>>9809007
sure, I like sound money in general, but you can make an argument for the current system targeting 0% inflation instead

>>9809008
I think a better system is just giving out condoms and free abortions to poorfags

then it doesn't feel like anyone's forced to do anything

you can even make sterilization free for both males and females

>>9809012
we used to spend 18 hours A WEEK getting food

and I mean things like hunting for meat - you go out for one day, kill a big animal and eat it all week

now we spend 40 hours a week for shitty processed food and to live in a shitty cardboard box to separate us from our neighbors who we don't know

modern society is kind of depressing

>>9809014
yes, this is the best argument for UBI (since UBI does have HUGE downsides like requiring more taxation)

>>9809034
poor people would want socialism in any society since they're greedy

>> No.9809051
File: 85 KB, 1200x1006, 1527178546770.jpg [View same] [iqdb] [saucenao] [google]
9809051

>HURRR LETS CUT SPENDING ON WELFARE AND NOT THE 8 RICH IMPERIALIST WHO HOLD ALL THE WEALTH IN UNITED STATES! WELFARE IS REAL PROBLEM DUURRRRR!!" LETS NEVER CUT THE MILITARY'S EXCESSIVE SPENDING ON STUPID PRODUCTS THAT DON'T HELP THE MILITARY AT ALL, WE LOVE A GOOD SCAM!

>*CUTS WELFARE*

>UH OH THAT DIDN'T SOLVE ANYTHING! YET THE 8 RICH IMPERIALIST DON'T WANT TO HELP OUT THE ECONOMY! BETTER GO TO THE FEDERAL RESERVE TO PRINT OUT MORE MONEY.

>> No.9809058

>>9809012
With all the tech we have today people should be living well and only working part-time. But the govt has saddled us with debt and the only people able to own these automation devices are the rich and govt.

And govt shouldn't even have any money in the first place to spend on anything

>> No.9809066

>>9808618
>Public schools are garbage. Public ANYTHING is bad. Public schools just like public restrooms are horrible.

You know what's worse than public schools? Charter schools. You know why? Because they're all driven by their bottom line, so they hire the shitty teachers who don't mind getting payed shit and act like even MORE glorified baby sitters than public school ones. Its the most bizarre fucking thing to see a bunch of middle class parents spend a bunch of money to send their kids to a charter school and give them an even worse education than they could have gotten for free, only to watch said charter school shut down mid-school year because the whole thing is a big scam.

>> No.9809068

>>9809021
Gold is manipulated. Jews hoard gold in the past 3 decades or more. They owns gold now.

>> No.9809080

>>9809051
typical jealous euromutt rant. If any of that were true then how do you explain that we're the greatest nation in the world and you're not??

>> No.9809086

>>9809049

Women entered the workforce in part because of massive inflation due to not being under a gold standard anymore. There are lots of women who work today out of necessity.

Under a gold standard you could have 8 kids with the wife at home and live comfortably 50-100 years ago.

The bus driver could "make it" 60 years ago because we were on a gold standard and prices were LOW because of it.

You people don't understand that a gold standard equals low prices.

You put the cart before the horse. You say a gold standard wouldn't work today. Well it worked back then... and prices were tons lower back then. And since we went off gold standard prices have risen

>> No.9809088

>>9809049
>modern society is kind of depressing
I agree with the sentiment but people prefer safety of society under 8/5 jobs than the freedom of subsistence through self sufficient means, what are you going to do

>> No.9809092
File: 116 KB, 648x814, italic buterin.jpg [View same] [iqdb] [saucenao] [google]
9809092

>>9808190
>image
except with communism you have no freedom while with universal basic income you have complete freedom

with AI and robots coming I don't think there's any other choice in 25 years than to do U.B.I. since it is compatible with how the world already works.

good video on the topic:
https://www.youtube.com/watch?v=kl39KHS07Xc

eventually, in 100 years or so, if robots and AI does literally everything why wouldn't this make sense when there's no need for anyone to work? seems like the perfect way to make sure nobody uses too much resources at once.

>> No.9809113

>>9809021
Ooooh yeah because electrum was soo solid and "AVAILABLE" to everyone in 700 BC.

>> No.9809114

>>9809068
Yeah... you are right... the Jews own the gold... and they are living large and you and me and everyone else is in debt. They brainwashed you to be anti gold and they hoarded it. You are making my point for me.

Fuck... 25 years ago when the economy was good... it was sound investment advice to have 10% in physical gold. Today we are 20 trillion in debt and you don't even hear that advice anymore of having just 10% in gold.

The govt and Jews have set us all up for serfdom

>> No.9809121

>>9809058
People will work as much as they can handle, it's a matter of balancing priorities. Is working 9hours so you can afford gardener better than working 8and have no gardener? To each their own

>> No.9809128

>>9808190
universal income isn't communism.

in the most likely scenario, universal income will just inflate money away until that 'basic income' is worth pretty much nothing and then things settle around the same way they are now (ofc, some people will be fucked and others will be better off, until it settles)

>> No.9809136

>>9808190
No one here except the retards telling you to buy tron think UBI is a good idea.

>> No.9809150

>>9809068
Also you can't manipulate gold. A gold ounce 900 years ago is still that same fucking gold ounce today.

If you are measuring gold in terms of Jew federal reserve notes then it's you who is the brainlet.

Gold is SAVINGS. That's what you low IQ people do not understand. Gold is SAVINGS. Doesn't matter if Jews exist or not. Doesn't matter if the dollar exists or not. Gold is real SAVINGS.

If you take a time machine 100 years in the future and you could put all your net worth into dollars, bitcoin, or gold. Which would you choose? Which will still undoubtedly have value?

>> No.9809162

>>9809114
The main reason why bitcoin was invented. It's suppose to be an alternative to gold.

>> No.9809166

>>9809121
Your missing the point. With all the tech we have everyone should be debt free... and working only part time with all the automation.

But the govt has put us all in debt on purpose and they own all the automation. It's govt controlled corps that are putting people out of work.

The tech should be making our lives easier not harder... but govt won't allow that because the entire system is based on debt.

Socialism can't THRIVE unless you have debt based fraud fiat currency

>> No.9809168

honestly all government of all forms should be dissolved. humans are naturally a solitary creature and allowing humans to come together and form organizations is against the natural order.

>> No.9809185

>>9808190
the problem with boomers like you is your critique UBI but you dont ever offer an alternative solution to the automation question

>> No.9809191

>>9809150
>Doesn't matter if Jews exist or not
they just own 80% of gold supply with no competition. You're the brainlet here

>> No.9809199

>>9809162
Noooo you moron!!!! Gold isn't even legal tender anymore you goof. The problem isn't with gold... the problem is the currency is failing because it isn't backed by gold.

And even tho gold isn't legal tender anymore it's still juSt as valuable today as it was 2500 years ago.

How do you miss this simple logic???? Your fleeing dollars crypto because the dollar is failing, right???? The dollar is failing because is isn't backed by sound money.

So crypto has NOTHING to do with gold at all!

If bitcoin actually becomes a store of value somehow....... gold won't be any less valuable!

China is going big into crypto but they have also been accumulating record tonnage of gold for a decade now.

>> No.9809205

>>9809191
jews have owned 100% of the gold supply for well over 3000 years. how can you be so arrogant yet so blind at the same time?

>> No.9809219

>>9809086
the economics even on a gold standard wouldn't work out NOW

for one thing, it would kill US exports since the US dollar (being pegged to real prices of shit like gold/silver/commodities) would appreciate against every currency and everyone would buy chink shit

why wouldn't you, if it costs 10x less in a few years?

at the same time, nobody would want to pay for 10x more expensive US shit

>>9809088
you can't be self-sufficient because there are things like property taxes - you can't just have land and live off of it without converting it to dollars (in which case you also pay income taxes)

it's real bullshit

>>9809150
which is why gold is a stupid as shit investment

owning bonds 100 years ago would make you rich today, even with inflation, since bonds BEAT INFLATION in the last 100 years, while gold didn't really

owning equities for 100 years would make you EXTREMELY rich today

OWNING GOLD IS A POOR LONG TERM INVESTMENT

>>9809162
this, Bitcoin is the new way to hedge the market

>> No.9809226

>>9809166
No you're missing the point, we're in debt and working 8 hours per day because we all want to live in the best neighborhood of the best city, never cook, have the latest gadgets, and travel the world.

Our productivity has grown along with our ambition. Living like our parents used to would require a part time job, at least in my case.

>> No.9809227

>>9809191
Yeah they own 80% of the gold....... and you can't critically think and wonder why it is the Jews are so powerful? While we drown in debt based fiat currency?

You are literally retarded. Your making an argument against gold because Jews own it. the Jews are well off and manipulate us because they own gold!

>> No.9809250

>>9809226
This is true, inflation has been a little over 2% in the last century

but our spending has gone up more like 4% a year because we want TVs, computers, phones, etc.

>> No.9809267

>>9809219
Of course a gold standard would work now. Your saying putting value behind the currency is a bad thing? Ok let's go your route and not back it with gold until the dollar is completely worthless.

Also... gold is not an investment! Gold is REAL money you brainlet.

If you set to buy gold tomorrow why would you be doing it? You'd be doing it because you want money and wealth for when fiat dies. That's the entire point you moron.

If you go buy 1 share of apple and then go buy 1 ounce of gold. You are doing each of those for completely different reasons. You don't buy gold to get back more worthless fiat you moron. You buy gold so you have savings and wealth.

You can't have economic growth if you don't have savings.

>> No.9809279

>>9808190
>posted in this thread when it had 6 replies, expecting it to die off
>80 replies later
>1 reply from the OP

REEEEEEEEE stop taking the b8 guys, theres nothing on the hook for fucks sake

>> No.9809281

>>9809267
I don't want real money, I don't own almost any cash

Why the FUCK would I want "real money" when I own productive assets like equities? Equities are shares of REAL companies that produce real wealth which is why when converted to fiat, they beat inflation.

Equities are the REAL money because they earn more and more fiat as it's devalued.

>> No.9809285

>>9809150
>Which will still undoubtedly have value?

literally none.

gold could be worth as much as salt. humanity has never gone through a development period that's happening right now, and it's actually not so bright for gold so far.

>> No.9809294

>>9809279
if theres nothing on the hook its because the jews have taken the bait, taken your fishing line, taken your boat, forced you to "work" by watching jamal and his niggerpack rape your wife while you lock your penis inside a cage and get the key stolen by the jews.

>> No.9809301

>>9809250
Inflation is fine in a free market with market set interest rates. When man controls interest rates and inflation that's when we have the situation we have now where "income inequality" is an actual issue.

Guess what? 60 years when we were in a gold standard there was no such thing as income inequality.

2% inflation per year? I don't know what country you live in but that's not America. I just bought literal shredded cheese in a packet.... and it was almost 5 bucks.

>> No.9809320

>>9808618
>People who openly say they are an "intellectual" or have high IQ's are unirOnically the uneducated ones... because the education is the constitution

this is top-tier retardation, congratulations.

>> No.9809327

>>9809285
What are you talking about? Fiat currencies are literally all in a race to the bottom and failing. I don't know what planet you are on.

What growth are you talking about? We haven't had 3% growth in a decade.

We had growth before that but you want growth to be SUSTAINABLE dude. We are in the verge of a dollar crisis. Because they do QE infinity.

All that growth we had that was temporarily successful will all be for nothing when you have a worldwide debt bomb about to explode.

>> No.9809330

>>9809199
>If bitcoin actually becomes a store of value somehow....... gold won't be any less valuable
Nobody said gold won't be any less valuable.

What you fighting for?. People use bitcoin or any cryptocurrency because it's a fast decentralized peer to peer payment method.

>> No.9809342

>>9809191
Owning 80% of the money is irrelevant, if you don't own 80% of production you won't be able to hoard that money for long.

Money is a means of exchanging production, if gold wasn't available because a few are hoarding it people would switch to silver and gold would become worthless.

What matters is always production, not money.

>> No.9809361

>>9809320
It's true... the constituton is the education. And since we got away from the constitution everything is failing.

There are people who might be good at tech, but they don't understand the fundamental pinning of a great prosperous society.

The ironic part is the constituton IS the decentralization document! A big fed govt is a centralized. Not sure what you brainlets don't understand about this.

And it's mostly the LEFT and liberals who always say oh I have such a high IQ and I'm an intellectual. Bullshit. Public schools make you a retard not an intellectual.

>> No.9809376

>>9809301
Yeah, food prices have been like 3.5% inflation long term

but in recent years less than 2%

https://tradingeconomics.com/united-states/food-inflation

total inflation 3.27% overall from 1914

https://tradingeconomics.com/united-states/inflation-cpi

but in any case, average of cost of living goes up faster than inflation because we want more stuff like paying for electricity, new gadgets, cars, flying to vacation, etc.

>> No.9809389

>>9809330
But he said that bitcoin will be the new gold.

The reason the economy is failing has nothing to do with gold because gold isn't even legal tender anymore. Yet gold is still has valuable today as it was 1,000 years ago.

The reason you can't "make it" today is because gold doesn't back the currency. 60 years ago you could "make it" as a bus driver....when we were in a gold standard.

So you can clearly see what has changed .

>> No.9809413

>>9809376
Govt inflation statistics are bullshit. And even if they weren't... it doesn't matter... because you don't have inflation until you do.

We have been exporting dollars like crazy. What you think is going to happen when those dollars get spent? We are going to have a tidal wave of inflation washing up in our shores when those dollars return home.

Why the heck you think we are on the cusp of WW3? BrcUse nobody else wants to use the incresianly worthless dollar in trade. And the reason china has been stacking gold like crazy. To put value behind their money and usurp us when it comes to trading with other countries

>> No.9809423

>>9809389
>60 years ago you could "make it" as a bus driver....when we were in a gold standard.
Not a good example cause 60 years ago that profession was highly qualified for the time, nowadays any monkey can drive a bus, excess of supply of workers equals lower wages.

>> No.9809429

>>9809342
You are retarded. Gold is stored economic Energy! Why do you think people hoard it? BrcUse it's real savings.

Even niggers in Africa with no education know that gold will never become worthless.

Production is important but how do you store your savings??? Gold you clown that's how

>> No.9809441

>>9809429
I don't think you're at the required level to even grasp what I posted if this is your response to the post you're quoting.

>> No.9809451

UBI seems feasible but wrong.. I couldn't explain it in great detail but I know crypto is the way. Powers that be will be dismantled soon.

>> No.9809453

>>9809423
WRONG-

Listen...

In 1964 a min wage worker made $1.25 an hour and gold was 35$/oz. so a min wage worker could purchase an ounce of gold with one weeks paycheck.

Today min wage is 9$ and gold is $1,300/oz. so today a min wage worker has to work an ENTIRE month to purchase that same ounce of gold that a min wage worker could purchase after a week 55 years ago.

So a min wage worker back then was markedly better off than a min wage worker today. Which obviously makes sense because you never heard anyone saying income inequality back then yet today a presidential candidate almost got elected based on that very issue!

>> No.9809456
File: 12 KB, 208x243, kike.jpg [View same] [iqdb] [saucenao] [google]
9809456

>>9809342
Ohh yes goy. Owning 80% of the money is irrelevant.

>> No.9809465

>>9809453
Gold gained value as it switched from currency to speculative asset, so what? Gold is not the standard to determine life conditions.

>> No.9809479

>>9809423
Also.... $1.25 min wage in 1964 equaled 5 silver quarters...

Today a silver quarter converted for fiat at a coin shop is $3.50..

So a min wage worker in purchasing power in 1964 was equal to someone making just about 20$/hour today

$3.50 multiples by 5 is $17.50.

So a min wage worker in 1964 had the same purchasing power as someone making $17.50/hour today. More than twice the purchasing power as someone making min wage today

>> No.9809486

>>9809456
Of course it is, you own 80% of Congolese poodimes and tell me what that affords you.

What matters is how much production is backing the currency, and a currency that's not mobile and doesn't switch hands is a currency that won't be backed by production.

>> No.9809504

>>9809465
How is gold a speculative asset you fucking moron. All gold does is track how unstable volatile and lack of store of value the dollar is. A gold ounce 900 years ago is still that same gold ounce today.

It's almost like you think that gold became valuable when the dollar was created.

>> No.9809523

>>9809486
Now tell me why China hoarding gold as much as they can.

>> No.9809524

>>9809413
if those dollars get spend, they circulate further abroad

>>9809453
minimum wage is cancer, you're picking a GOVERNMENT MANDATE statistic to prove your point

>>9809504
wrong, gold goes up and down like any metal

check gold vs. oil or gold vs. silver, they all get speculatively bought and sold and have bubbles and pops

>> No.9809525

>>9809504
Gold is not used as currency and its current value is all about speculation of a return to gold standard of a powerful economy, thus why gold value goes up during crisis times.

You seriously should stop calling people morons cause you can't even understand what gold value is based in nowadays.

>> No.9809529

>>9809465
Gold is real money!

Example...

100 years ago 20$ = 1 oz of gold. And 20$ was a good weekly salary.

Today that 20$ which used to be a good weekly salary barely buys you lunch at Taco Bell for 2.

That gold ounce tho... if you take it to a coin shop you'll get $1,300 for it... which low and behold is still a good weekly salary!

So gold as always for thousands of years held up as real money whil the dollar got fucked.

How are you people so fucking brainwashed that you can't understand something as simple as this example that i just gave you

>> No.9809530

>>9809504
Gold is not used as currency and its current value is all about speculation of a return to gold standard of a powerful economy, thus why gold value goes up during crisis times.

You seriously should stop calling people morons cause you can't even understand what gold value is based in nowadays.

>> No.9809544

>>9809525
Golds value has NOTHING to do with dollars. If the dollar dissapeared tomorrow morning from the planet. My gold would be 100% unaffected by this.

Gold is stored economic energy because of the energy used to extract it. Golds value is a result of energy used in the past.

Real estate, stock, bonds, crypto all get their values based on energy we can produce in the future.

>> No.9809549

>>9809523
Belief that they will sell it at a higher price or that them having it legitimizes their economy. Certainly not because of its current use as a currency.

>> No.9809562

>>9809530
Gold is not speculative! It's real fucking tangible wealth. Start thinking dude.

Say it with me.... GOLD IS SAVINGS and has been money and SAVINGS for thousands of years and still is today... doesn't matter if the dollar exists or not.

>> No.9809566

>>9809549
Good. Be a good goyim.

>> No.9809579

>>9809549
They aren't selling it for a higher place. If anything they will lease out a small % of it to other bankrupt countries who's fiat loses complete value so they can get rights to resources that they will need to feed their huge population.

Listen you brainlet. The ENTIRE POINT of buying gold is because you want to have money, wealth, savings.... because the federal reserve note is a scam.

If gold goes to $10,000/oz.... that's a phantom profit. All that happened was the dollar lost lots of value. How are you so stupid and not understand something so basic??

Stop fucking thinking in terms of Jew paper debt notes as far as value goes.

The dollar value of gold is irrelevant. If the dollar is worth nothing tomorrow gold is completely unaffected

>> No.9809586

>>9809562
Of course it's speculative, I don't think you understand what speculation is.

The belief that something will buy you a gallon of milk or two gallons of milk in x years is speculation.

>> No.9809596
File: 467 KB, 800x450, 1526499905784.png [View same] [iqdb] [saucenao] [google]
9809596

>>9809579
>>9809562
>>9809544
>>9809529
>>9809504
>>9809453

>> No.9809609

>>9809524
Yeah it the min wage govt mandate is relevant. Why does a min wage worker today have 50% less purchasing power than a min wage worker 55 years ago?

Gold does not go up and down in value. Gold was money for thousands of years before the dollar existed. And it still holds its value today when not legal tender.

Like my example....20$ = 1oz of gold 100 years ago.

Today 20$ barely buys you 1 meal at a bar. Yet that gold ounce converted to fiat gives you $1,300 which is still a good weekly salary!

How can you not grasp such an easy example???

>> No.9809610

>>9809529

>can't feed 2 people at Taco Bell for 20 dollars

Dude, the entire taco party pack isn't a single serving.

>> No.9809639

>>9809586
Dude..... a silver dime 60 years ago equaled a gallon of gas. If you held onto that silver dime for 60 years from when you earned it back then. And you take that silver dime to a coin shop today you'll get about 2.80 for it. Which still buys you a gallon of gas.

How can you not comprehend this in your Jew propaganda infected brain?

Money is a store of value. That silver dime is an asset and still buys you the same gallon of gas today as it did 60 years ago.

Wtf are you not understanding? Gold has been money for thousands of years for this exact reason. BecUse it's not speculative. Your stupid cryptos are specuLative. Gold is real fucking money

>> No.9809665

>>9809610
Dude I was embellishing a bit.

My point remains...

100 years ago gold equaled 20$ And 20$ was a good weekly salary.

Today that 20$ barely buys you ONE meal at a restaurant.

That gold ounce equals $1,300 covered to fiat. Which is still a good weekly salary.

So if you fucking worked for a week 100 years ago and earned 20$.... and you could take that 20$ or the gold ounce 100 years into the future. Which would you take?

>> No.9809687

Nobody in human history going back thousands of years has EVER questioned the value of gold.

Until you fuckig idiot moron millenials got "educated" in govt controlled Jew fucking schools.

And the ironic part is... you stupid assholes literally come to this board blaming the Jews for fucking shit up economically and you don't even realize it is because they took us off the gold standardZ

Your fuckinng anti Jew yet also anti gold... which is exactly what the Jews want you to be.

Muh high IQ........ you guys are literally dumber than niggers and pajeets because even a pajeet in India knows the value of gold.

You guys are dumber than literal street shitters

>> No.9809688
File: 11 KB, 450x300, 10-12-08-MM02.gif [View same] [iqdb] [saucenao] [google]
9809688

>>9809639
Would you not say the ability to buy 200 vs 1200 apartments in London with the same amount of gold depending on when you exchanged the gold is not a speculative quality?

>> No.9809705

>>9809529
cuse the jewish stellarcorp have created a false world which they live in. to them the jews are friends and not evil alien overlords who steal our gold. sad really

>> No.9809734

>>9809688
Well....... you need to be valuing gold in terms of other real assets using ratios. You don't value gold in terms of fiat.

Fiat currency has fucked things up so much and screwed up the price of other assets that it seems like is fluctuating but it's really not

>> No.9809740

>>9809688
If, according to Peter Schiff over here, gold value is not speculative, he would have recommended to buy an apartment with gold in 2008, which would have resulted in you paying 4 times more gold than if you waited 2 years. So much for it not being speculation prone

>> No.9809741

>>9809688
For instance.... a normal dow to gold ratio is 4 to 1. Now the ratio is like 24-1.

Gold is the ultimate measure of value. Which is the primary function of money.

>> No.9809744
File: 57 KB, 600x600, 1508729826113.jpg [View same] [iqdb] [saucenao] [google]
9809744

>>9809639
>Crypto is digital therefore not real money.

Simpleton logic *yawn*. You're not even making any argument why crypto don't have value. You're just comparing apples to oranges.

>> No.9809754

>>9809639
>>9809665

You need to take your pills

>> No.9809755

>>9809734
The picture is not Fiat, it's London apartments, meaning real life inelastic demand products in a city with historic high demand. You're not going to get a better comparison for your case, and still is pretty obvious gold has the capacity for speculation.

>> No.9809763

>>9809609
then why not make the minimum wage 14.50?

minimum wage is cancer, that's why

a GOOD worker makes more than minimum wage, which is why it's irrelevant

making minimum wage says "I would pay you less if I could"

>> No.9809767

>>9809740
Again.................

100 years ago gold equaled 20$/oz. so a gold ounce was a good weekly salary and 20$ was a good weekly salary.

Fast forward 100 years. That gold ounce is worth $1,300 which is still a good weekly salary. But that 20$ doesn't buy you shit today.

What's changed? That gold ounce didn't change..... it's the dollar that lost virtually all its purchasing power, gold didn't tho.

As if peter schiff was the first person to understand golds value. And not the billions of people the past thousands of years who all knew its value. Including our founders that put t in the constituton as LEGAL TENDER

>> No.9809787

>>9809744
You don't even know what real money is dildo.

The PRIMARY function of money is to MEASURE VALUE for goods exchanged for it.

Nothing measures value better for thousands of years up until today than gold. Which is why it has been money for thousands of years.

Now you tell me how the fuck you measure the value of goods in bitcoin you stupid nigger.

>> No.9809794

>>9809767
Again, x gold could have afforded you one apartment in London, fast forward 2 years and that same amount of gold would have afforded you 4 apartments in London. Tell me again how gold price is not speculative.

>> No.9809799

>>9809767
again, that's just inflation

> That gold ounce didn't change

you'd have way more money if you invested into the Dow Industrials index 100 years ago

equities are the REAL money

>> No.9809802

>>9809755
Fiat money and the dollar price suppression of gold by the fed and comex is what's giving you the illusion that gold is increasing or losing value

>> No.9809828

>>9809787
You're just moving the goalpost. I'm not arguing gold is not real money you nigger faggot. Both gold and crypto have different merits.

>> No.9809839

>>9809799
Fuckhead.... gold is money..... dow is investments...

The question is why do we have ass raping inflation to begin with? Why are people FORCED to invest to keep pace with inflation.

Why the fuck are my dollars being devalued on the first place?????

THATS the fucking question.

There's real money (gold) and the. Investments (doW) they are different fucking functions

>> No.9809861

>>9809828
Yeah I agree completely. I'm not anti crypto, but the people who are pro crypto and anti gold are retarded.

>> No.9809868

>>9809839
gold is also an investment, you get taxed capital gains on your gold gains

if gold wasn't taxed, I'd consider holding some as a hedge vs. inflation, but LOSING value to capital gains taxed is no thanks

>> No.9809901

>>9809861
>I'm not anti crypto
nigger please. You just said earlier crypto is worthless.

>> No.9809982

>>9809901
Crypto isn't worthless it's just not real money. Crypto is a potential currency. Gold is both money and currency. Obv we aren't going back to transacting in gold and moving forward to crypto but you still need real money backing he currency .... doesn't matter if it's dollars or crypto

>> No.9809999

>>9809868
Doesn't matter what the worthless govt says or does. Gold isn't legal tender anymore right? Yet it's still as valuable today as it was 100 years ago when it was legal tender.

It's valuable still because it's real money. Who gives a fuck what the govt says?

>> No.9810008

>>9809982
I agree. If there's just a way to marry gold and crypto then the world would be a better place.

>> No.9810047

Reminder that Milton Friedman was 4f11 tall

>> No.9810053

>>9810008
Problem is.......
Nobody is even talking about gold backing crypto. Which leads me to believe that bitcoin is really a con put out there by NSA govt

>> No.9810111

>>9810053
Peter Schiff talked about gold backing crypto. I don't believe bitcoin is a con by NSA, Edward Snowden guarantee it.

>> No.9810267

>>9810111
We don't need peter schiff to tell us that gold backing crypto would be a good thing. Gold = money ..... crypto = currency

>> No.9810370

I can't see UBI being a sensible thing unless any other programs are dismantled. But then the people who are only "earning" basic income would need some sort of silver citizen status that prevents them from spending any of it in a frivolous manner.

>> No.9810396

We don't need UBI is we Abolish central banks.

>> No.9810407

>>9810370
And of course reproduction would need to be disallowed for universally basic citizens. It's a poorly calculated risk to let dead weight prepetuate.

>> No.9810471

>>9809185
>the problem with boomers like you is your critique UBI but you dont ever offer an alternative solution to the automation question
How about you go to school in non-shit jobs that a simple robot can do?

>> No.9810494

>>9809479
The value of labor is different then it was during that time. More women in the work force, bigger population and plus global scale competition has made the value of labor much lower.

>> No.9810516

I support UBI for extremely smart, productive people who would do amazing things if they weren’t busy wagecucking. It’s comparable to back when a great artist had a patron that covered all his expenses so he could concentrate on his art. Take it away if they exhibit extreme degenerate behaviour. Nothing for non-whites and women of course.

>> No.9810555

>>9810471
I don’t want a "career" job. I want a low-skill job that can pay the bills so I can spend my free time working on my art, until I am able to make a living on art alone. A good entreprenuer should be able to create jobs that you don’t need a college degree to be able to be productive in. This should ALWAYS be the case, regardless of technological advancement. In fact, people with specialized skills are in greater danger of being replaced by automation, because they already invested so much time and money in acquiring the skills they have.

>> No.9810565

>>9808881
kek, because niggers on welfare never commit crimes, right?

>> No.9810580

UBI only if you submit to voluntary sterilization

>> No.9810581

>>9808211
spbp

supporting UBI means you are more than OK with getting taxed on your crypto gains fucking kek

>> No.9810589

>>9808190
If you run a business you would rather the lowest in society has a disposable income than no money for your product. Why isn't this obvious to every entrepreneur?

>> No.9810619

>>9810589

Because taxes and bureaucracy are odious and such a large scale tax program means a much larger bureaucracy which means a bigger state which means more regs and more taxes for any other bullshit they think of

This is how this works, it isn't as simple as money in -> money out. There is a very big fat inefficient middleman called the government bureaucracy.

>> No.9810622

>>9810589
Where does their money come from? The very, very top earners?

>> No.9810627

>>9810589
You get massive inflation with no productivity increase

The fiat currencies have already been trashed this would be the death nail

>> No.9810632

>>9810589
This, UBI isn't communism, it's capitalism on life-support.

>> No.9810682

>>9810555
>I don’t want a "career" job.
That's your problem.

>I want a low-skill job that can pay the bills so I can spend my free time working on my art
Jobs are basic supply and demand. If your value is better than bunch of computers, you'll be hired otherwise you'll be replaced by bunch of McDonald's on-screen computers. Sales jobs are not going away anytime soon. Which is a low-skilled jobs and generally pretty good demand.
If a company isn't offering low skilled job, you can do something yourself. Mow lawns, cook food or something. Even trade skill is great in value.

>In fact, people with specialized skills are in greater danger of being replaced by automation
Worse type of people. You should always continue to learn more as much as possible. These things are possible. Let's say if I lost my job today to automation, I can do something else, I have dozens of options and a good stream of passive income invested and saved over time. I could even try to compete with my own company by creating a same product at a lower price with a lower margin.

If it as a ridiculous scale level where just mass of people are losing jobs left and right, you know government intervention is going to happen. Where government will try to get all these unemployed people to work. If not riots will break and a lot of people will destroy the automation machines. Which will give businesses an incentive to put half the people in work alongside with automotive machinery.

>> No.9810774
File: 53 KB, 730x800, Think1.jpg [View same] [iqdb] [saucenao] [google]
9810774

>>9810589

I am pretty sure if companies have to give half their profits to "encourage spending" will create an unsustainable economy.

>No money for your product
That's just an imaginary scenario. You're saying on mass everybody will not have any money what so ever and the only way to create a stable economy is take money from very few people who are making money?
That's extremely unlikely.

>> No.9810784
File: 118 KB, 769x875, unironically.jpg [View same] [iqdb] [saucenao] [google]
9810784

>>9808190

>> No.9810796

>>9810632
>UBI isn't communism
>it's capitalism on life-support.

I am sure this statement will give you cheers in your feminist study courses but in the real world capitalism is a functional, while every single commie country keeps destroying itself sooner or later.

>> No.9811124
File: 507 KB, 575x420, 1527137184347.gif [View same] [iqdb] [saucenao] [google]
9811124

>>9808642

>> No.9811177

>>9810632
Capitalism isn't on life support because we have communism/socialism now. In 2008 the banks got bailed out. That's socialism.... not capitalism.

Capitalism is private profits and private losses not private profits and socialied losses.

We haven't had capitalism in over 100 years since we instituted the federal reserve and went off the gold standard.

You guys are so uneducated it's hilarious. You don't even know what capitalism is

>> No.9811182

>>9808190
In a way we have already chosen to do this with the ridiculous amount of "mandatory spending"
However a ubi seemingly wouldn't be much better

If we took the 2,546 billion from mandatory spending and redirected it towards a ubi for the roughly 300billion adults in America, we'd only have $8,456 per person yearly, which to my mind would be kinda pointless

>> No.9811606

>>9811177
>>9810796
It's funny that the two responses, taken together, both prove the first post right.

>> No.9812099

>>9808190
It's cheaper and more effective, end of story. Although the braindead debate of hurr muh sociulizm v. muh kaptlizm is probably already raging itt

>> No.9812108

>>9808471
The whole idea is there won't even be any need for you to work in the traditional sense. If automation takes hold then it will totally redefine what working even is

>> No.9812117

>>9808618
You're too simple-minded. I agree that GENERALLY the free-market does it better but not solely because of some magical idea of "it's.. uhhh private thats why" but it just happens to be so. Government does defense and healthcare better.

>muh lines

>> No.9812135

>>9808732
this

>> No.9812173

>>9812117
What are you talking about??? Healthcare doesn't come from the govt lol. Just like education doesn't come from the govt. hence why the right to education and the right to medicine isn't in the constitution because our founders knew they would become as fucked up as they currently are today.

The healthcare sucks. It's a disease management system designed to keep you hooked on dangerous drugs and they don't cure shit. Over 100k people dying from these drugs each year it's a fucking joke.

I had mumps 2 months ago. The pin in my cheeks was absolutely unbearable. And intially I thought I had mouth cancer because I chew.

guess what I did? After 3 days of debiliatating pain and it not going away and figuring out it was an infection and not cancer after going to the emergency room.


I put organic garlic oil on the bootlms of my feet.... and I shit you not the pain was 100% gone in 30 mins. Because garlic is a blood purifier and gets straight into your blood stream when you put it on the bottoms of your feet.

>> No.9812188

UBI is only "needed" when you have a horde of brown people with IQs around room temperature that has to be kept around so they can vote every 4 year. If Muhammad and Shaneequa can't feed themselves without leeching off my money there is a very simple solution.

https://www.youtube.com/watch?v=Swvf3w6hcY4

>> No.9812194

>>9812117
Why is it too simpleminded??? The constitution is what created the greatest country and wealthiest country in world history in a short 100 years or so.

Govt does nothing right. The military is a joke occupying the world to force other countries to keep using increasingly worthless dollars. If we didn't have a central bank printing fake money to fund the military then the only wars we would fight would be of a defensive nature... as it should be.

Our founders never intended for us to be a country of war and policemen of the world.