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Cake day: June 20th, 2023

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  • TheRealCharlesEames@lemm.eetoNo Stupid Questions@lemmy.worldXXX
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    8 months ago

    My understanding is that UBI would benefit the impoverished the most, allowing them to get out of debt, put food on the table, or maybe even put a roof over their head, finally opening the door for them to live a prosperous life. This significant change and opportunity for them outweighs the inflation they may face. Food, water, shelter, and healthcare are a human right and UBI is one way to deliver that, so we should probably commit for that reason alone. With no other changes, worst case scenario, those of us that are better off can begrudgingly cope with the inflation potentially created. But besides the potential price hikes it’s worth mentioning that we will all see a return on investment as a society when our weakest are made stronger.

    As for where the money should come from and how to fight the potential inflation so us in the middle class don’t lose the quality of life we’ve become accustomed to, we need to make the ultra wealthy finally pay their fair share, break up monopolies to create competition, and properly punish exploitation.