Unconditional Basic Income: A New Way to Support Everyone
90%
of money is created by banks out of thin air
90%
of which is used for speculation
90%
of the population does not know these facts...
Imagine a Society Where Everyone Has a Basic Level of Financial Security
Picture a world where everyone, every month, receives a guaranteed amount of money that’s theirs to rely on—no conditions attached. It’s enough to cover basic needs, helping people live with less stress, more stability, and fewer financial worries. This vision is called Unconditional Basic Income (UBI), and it could be a powerful tool for reducing social struggles, easing mental strain, and building a more resilient society.
What Is Unconditional Basic Income (UBI), Exactly?
UBI is a fixed, regular payment given to every citizen, regardless of income or employment status. It’s designed to ensure everyone has a stable financial foundation, making it easier to handle life’s challenges. The focus is on relieving stress, reducing inequality, and supporting people through life’s ups and downs, no matter what’s happening in the economy.
Key Benefits of UBI:
- Reduced Financial Stress: UBI provides people with a reliable source of income, easing financial anxiety and creating a foundation of security.
- Social Stability: When people feel financially secure, communities are stronger and less prone to poverty-driven problems. UBI helps build a society where everyone can participate fully.
- Healthier, Happier Lives: Studies show that financial security leads to better mental and physical health. UBI offers a way to reduce social and health-related stresses on a national scale.
But How Would We Pay for It? Introducing Sovereign Money
A major question surrounding UBI is, “How can we fund it?” Here’s where Sovereign Money comes in. Instead of funding UBI through taxes or government debt, a Sovereign Money system would allow a public authority—like the central bank—to create new money specifically for UBI, debt-free.
Why Sovereign Money + UBI Makes Sense:
- Debt-Free Funding: Sovereign Money would let us fund UBI without borrowing, meaning we could create a stable system of support without raising taxes or increasing debt.
- Carefully Managed Money Supply: With money created and managed by a public authority, we’d avoid the inflation risks that come from uncontrolled money printing.
- A Resilient Foundation for Society: UBI funded through Sovereign Money would give people a steady base to build their lives, reducing financial instability and creating a more cohesive society.
How UBI Could Transform Society
UBI is about more than just money—it’s about building a society that supports everyone’s potential and reduces the stress of financial insecurity. Imagine:
- Less Financial Stress: People can focus on personal growth, education, and family life rather than constantly worrying about making ends meet.
- Improved Social Well-Being: UBI could reduce inequality, poverty, and financial instability, helping communities thrive and reducing many social challenges.
- A Safety Net for Life’s Challenges: Whether facing a health issue, job change, or economic downturn, UBI provides a stable foundation, making society as a whole more resilient.
In our view, this is the ultimate driver of the problem.
The question is, what will collapse first, society, the earth or the financial system?
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FAQs
Isn’t UBI too expensive? Not necessarily! With Sovereign Money, UBI could be funded debt-free, meaning there’s no need to increase taxes or national debt.
Would UBI lead to inflation? Sovereign Money allows for controlled increases in the money supply, making it possible to fund UBI without the inflation risks of uncontrolled money printing.
Would UBI encourage people to stop working? Studies show that people are likely to continue working, but with UBI, they’d have more freedom to pursue meaningful work, education, and community involvement, leading to a healthier society.
Image: jerichow