Comedian Dave Chappelle on Tuesday threw his support behind Andrew Yang’s bid for the Democratic presidential nomination, becoming the latest celebrity to back the former tech executive in the 2020 primary.

submitted by Orangutan from thehill.com

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[–]AnarchySpeach 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

UBI sounds awesome, but the market would balance itself rendering the free money worthless in a couple years.

Short term gain. Long term suffering.

The value of the dollar would slowly decrease until stuff evened out.

That's not even mentioning the huge tax issues associated with this.

Imagine spending $10 on a piece of candy because $10 is now worthy $1. My numbers are probably off by a mile, but the difference will still be felt.