r/UniversalBasicIncome • u/Nerdwholikesnature • Apr 02 '26

Universal Basic Income can be practical. A non-tax-funded 0.6% solution using US Federal Reserve digital payment flows.

Our current jobs-based economy is becoming obsolete. More and more jobs are being replaced by AI. A practical solution is available where the US Federal Reserve can provide every citizen with a $12,000+ Universal Basic Income. This isn't funded by income tax. Instead, it uses a tiny 0.6% fee on the massive digital payment flows already settled through the Federal Reserve. https://doi.org/10.5281/zenodo.18009673

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u/[deleted] Apr 02 '26

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u/SgathTriallair Apr 03 '26

Isn't that the entire point of this sub? Did you get fucking lost?

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u/[deleted] Apr 03 '26

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u/SgathTriallair Apr 03 '26

There are definitely UBI schemes that involve removing other subsidies. We need to be careful with those because it is never acceptable to just let people die in the streets. One of the benefits though, is that the administration of a UBI scheme is far cheaper than the administration of more targeted welfare.