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

Another inflationary pressure results from automation and mass production,

Well Yang had a lot of success pushing the idea that automation was a problem that needed to be fixed by UBI (i.e. Destroying the usefulness of money as information), especially with educated mid-wit moderates.

The problem is not just inflation its distortion. Because of usury, government spending and government regulation work or products that are of little or no value have very high cost and more useful goods and services are being undervalued. The government and other monopolies have distorted the market beyond all recognition. UBL will distort that even further.

A prosperous, high trust economic system relies on accurate information. Our ancestors were right to ban lending for interest as a ‘sin’. Its a way to manipulate the system. Its like gambling. The house always wins. Just don’t play. Now our economies are giant ponzi schemes.