• realitista@lemm.ee
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    1 year ago

    This is a vast oversimplification. A UBI could replace a vast amount of existing welfare programs in a much more efficient way which would have a fraction of the overhead. There are tons of other proposals to fund a UBI such as a negative interest rate. Likely there would be many sources of funding, including money which now goes to existing wasteful welfare spending.

    • DarkMetatron@feddit.de
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      1 year ago

      Ok, negativ interest rate sounds interesting and maybe doable. It is something I have to read more about, I see a few issues but have not enough information yet.