Microblog Memes

6118 readers

1777 users here now

A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

Rules:

Please put at least one word relevant to the post in the post title.
Be nice.
No advertising, brand promotion or guerilla marketing.
Posters are encouraged to link to the toot or tweet etc in the description of posts.

Related communities:

founded 2 years ago

MODERATORS

ReadyUser31

aeronmelon

1631

Pretty much (lemmy.world)

submitted 5 days ago by nifty to c/microblogmemes

167 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 1 points 4 days ago (1 children)

there's a certain amount of money in the economy. let's say $1 million.

of that, $500K belongs to the billionaires and $500K to the average people. Which means the population owns half of all.

Now, you distribute another $1 million among the average people.

Now, the billionaires still have $500K, but the people have $1.5 million, which is 3/4, which is more than 1/2, so it's an improvement.

[–] renzev 1 points 3 days ago

If people suddenly have more money out of nowhere, shop owners will start raising prices to compensate. So the long-term effect is that how much goods people can afford doesn't really change, but the value of their savings keeps on dwindling. Unless there is a fault in my logic or an additional policy meant to prevent this, UBI just sounds like a way to make sure people never retire because their savings are made worthless by inflation.