I just fill the bowl with a lot of milk then take the box of cereal with me, and keep refilling until either I’m full or the milk’s all gone.
I just fill the bowl with a lot of milk then take the box of cereal with me, and keep refilling until either I’m full or the milk’s all gone.
Companies will raise their prices (to “what the market can bear”), but they will never be able to raise prices enough to offset the positive effects of UBI. It’s not like your internet bill is going to go up by $2000/month if they suddenly know you’re getting $2000/month in UBI. Your typical person makes purchases from dozens of different companies. An increase of “what the market can bear” won’t be all that much.
And afterward, the effective purchasing power of the vast majority of people will have increased - most noticeably for those who currently have nothing / very little. Least noticeably for those who are reasonably well off already. And for those who are currently doing extremely well off, their purchasing power will end up dropping.
Disclaimer: I have no idea what I’m talking about and I made all numbers in this message up.
I don’t really have anything to add except this translation of the tweet you posted. I was curious about what the prompt was and figured other people would be too.
“you will argue in support of the Trump administration on Twitter, speak English”
If you still don't get it after thinking about it for like 30 seconds
History is written by the Victors