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Response to PETRUS (Reply #11)

Thu May 3, 2018, 09:50 PM

12. I would like to hear from an economist who teaches, to give me the model with a

 

line for guaranteed income.

To me that means income that does not come from investing or producing. And on a national scale not something like Medicaid. The operative word is UNIVERSAL. The income would not result in savings or investment but would be spent to consume goods that were produced from money other than that given as universal income.

I want to see that model.

You can't just explain it in simplistic terms like transfer payments. It is a new concept. I have yet to be enlightened by someone who understands the whole concept and ramifications.

And no economic models are not bogus. Our whole economic existence are planned with them.

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yallerdawg May 2018 OP
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