Guaranteed Income as Quantitative Easing

[whell]

Originally Posted by Tom Joad

You would get enough for basic necessities by not working. You work for the luxuries and frills.

Type A's like you will be happy to work to get more material stuff.

Type B's like me will be happy to just chill on the couch.

Which is what I have been doing for the past 9 years.

But since you're not producing anything of value that can be taxed, it won't take long for my Type A ability to purchase luxuries to be diminished so that the economy can continue to provide your Type B basic necessities. After a while we type A's will want you to be productive, because the economy can't afford you anymore. Couple that with some of my fellow type A's who might find the type B lifestyle gradually more appealing as time goes on, and you'll run out of enough type A's to keep things funded.