Universal Basic Income, 50 pp

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Universal Basic Income, 50 pp

This 50-page study from Silicon Valley was published on www.grundeinkommen.de.  Enjoy!


more at www.basicincome.,org

demandside's picture
Jul. 31, 2007 3:01 pm


A basic income will become a necessity as automation replaces more and more employment. And it should most definitely be funded by new money creation, as new British Labor leader JeremyCorbyn advocates. It can further be enhanced by developing & supporting local currencies, these currencies would be issued to create employment & provide for the basic needs of the local community by stimulating demand for local products. Some obvious targets for the local economy would be community gardens & greenhouses, energy generation & water supply, home building & maintenance, basic infrastructure maintainence and construction: sewer, roads, power transmission. Also auto maintenance and local tranportation, shops to convert old beaters into EVs and of course shopping, stores etc. And legislate the IRS to be hands off of local currencies.

The original American colonies prospered with their own local currency, created by the colonial government, until the criminal private British Banksters tried to have that shut that down precipitating the American Revolution. And total population was less than a modern city. So a city, state or regional currency is entirely practical. Of course, It is imperitive that it be created debt free by a non-profit public or community organization. The last thing you want is another privately owned debt currency. Although a national currency is still needed to facilitate global trade and large industrial production, as well as taxation. The combination of a national currency and local currencies is the ideal monetary system. There is no validity to the Globalist Banksters and their efforts to create a global debt currency which they control. The Euro has proven to be a dismal failure and an obvious instrument of the most obscene oppression of the people.

The true cause of the American Revolution, not mentioned in our corrupted school version of history:

"..While visiting England, BENJAMIN FRANKLIN was asked how he accounted for the prosperous condition of the Colonies. His reply was: "That is simple. It is only because in the Colonies we issue our own money. It is called 'Colonial Scrip' - and we issue it in the proper proportion to the demands of trade and industry."

"..Soon that information was brought to the ROTHSCHILD's bank which coerced the English Parliament to pass a Bill providing that no Colony could issue its own money. Franklin said, "Within one year from that date the streets of the Colonies were filled with the unemployed."

".. Franklin later said that this was the original cause of the Revolutionary War. In his own language: "The Colonies would gladly have borne the little tax on tea and other matters had it not been that England took away from the Colonies their money, which created unemployment and dissatisfaction."


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