It’s funny how the Model 3 is already there. Tesla wanted to build a 25k car in 2010. With inflation that’s 35k today.

The real problem with anything significantly cheaper is demand. They would need triple the factories at least to satisfy the demand for a 25k car in 2023 dollars.

When you print money, you get inflation, very simple. 13 trillion dollars was created for Corona stimulus. Nothing is free. You either pay for it upfront with taxes, or pay for it later with your inflation.

No one is debating anymore, that is exactly what happened.

More examples - healthcare, super expensive because Medicare/Medicaid has given healthcare providers a blank check to drive up prices.

Education - with federally backed loans the government has given schools a blank check to charge as much as they want.

Basically anywhere you put ‘free money’ on the table prices go up.

So we can only conclude that if UBI was implemented, prices would go up, which means UBI would need to be increased and you’d be in never ending cycle.

Just like education, just like health care, and just like corona stimulus. Free money is short term gain, long term pain. You think you want it, you really don’t.

Until all the world’s problems are solved, there’s no need for UBI, plenty of work to do.

Unless you’re physically unable to in which case there are already social safety nets for that.

Handing out money doesn’t magically create more doctors and food. Those are both still limited resources. Just like the Corona stimulus - when you flood the economy with money, you only get inflation. Nothing is free.

My friend just returned her new laptop because it wasn't a touch screen and that was a dealbreaker. Some people are very accustomed to using the screen to scroll and hit buttons on web pages.

Yep it’s no different than an electromagnet.