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Topic	I never thought I'd do a 180 on this, but I actually support UBI now.
Master_Bass 06/10/20 8:08:28 PM #11:	LostForest posted... Because people like that are the most likely to abuse a UBI and not actually make use of it, IMO. Most people living at home are in a position of saving money. If you're looking at UBI from an economically stimulating standpoint (which this topic is), people hoarding the money defeats the point of it. Why would they hoard the money? It seems more likely to me, looking at the common 25 year old, they'd spend it on some type of experience or buy a luxury of some sort. Sure, some will save it but the savy ones will invest it, which puts money into the economy, or save it for a big purchase, like a house, which will stimulate the economy in the future. --- Many Bothans died to bring you this post. <cite>Master_Bass posted [p:940471111] in I never th... [t:78760404]...</cite> <quote>LostForest posted... </cite> <quote>Because people like that are the most likely to abuse a UBI and not actually make use of it, IMO. Most people living at home are in a position of saving money. If you're looking at UBI from an economically stimulating standpoint (which this topic is), people hoarding the money defeats the point of it.</quote>Why would they hoard the money? It seems more likely to me, looking at the common 25 year old, they'd spend it on some type of experience or buy a luxury of some sort. Sure, some will save it but the savy ones will invest it, which puts money into the economy, or save it for a big purchase, like a house, which will stimulate the economy in the future. --- Many Bothans died to bring you this post.</quote> ... Copied to Clipboard!
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