Well done (and quick) Basic Income video

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Fabio Cecin

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Dec 19, 2014, 6:21:59 PM12/19/14
to reinventing-business
Basic Income (10 Reasons)

https://www.youtube.com/watch?v=gh_kaQSSVt8

The discussion around Basic Income is not needed for determining what
makes a business successful. There will always be businesses that
succeed (i.e. don't go bankrupt) regardless of how much the economic
thermostat is cranked up.

Perhaps it is 1 in 10, 1 in 100, 1 in 1,000 or 1 in 10,000 businesses
that succeed, depending on how hostile the environment is, but if the
underlying economic game remains a competitive market then the
principles are the same.

So perhaps it is useful to try to visualize a business being started
inside a "Wall Street" society vs. inside a Basic Income society --
what would change between them is not really essential, or is it?

Fabio

Bolutife Ogunsola

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Dec 20, 2014, 4:26:45 AM12/20/14
to reinventin...@googlegroups.com
I can't remember why this doesn't cause inflation?
The statistics about 6 houses per homeless person - are these houses unoccupied solely because people can't afford to live in them?


Fabio

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Fabio Cecin

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Dec 20, 2014, 6:44:56 AM12/20/14
to reinventing-business
On Sat, Dec 20, 2014 at 7:26 AM, Bolutife Ogunsola
<bostik...@gmail.com> wrote:
> I can't remember why this doesn't cause inflation?
> The statistics about 6 houses per homeless person - are these houses
> unoccupied solely because people can't afford to live in them?

This is the best article I've seen so far on making the case for
supporting BI in spite of fears of inflation:

https://medium.com/basic-income/wouldnt-unconditional-basic-income-just-cause-massive-inflation-fe71d69f15e7

It is featured in the FAQ of the BI "reddit" (forum -- a place full of
BI-related goodies):

http://www.reddit.com/r/basicincome/wiki/index#wiki_wouldn.27t_basic_income_just_cause_inflation.3F

Fabio
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