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69 sats \ 2 replies \ @south_korea_ln OP 8h \ parent \ on: Marshall Islands launches world’s first UBI scheme offering cryptocurrency econ
Is an UBI in essence the same as a stimmy check, but paid out continuously rather than occasionally? From an econ point of view, the second order effects would be the same? Or are there arguments to be made for an UBI that cannot be made for a one-time government subsidy?
EDIT: don't know which cryptocurrency, the cynic in me thinks it's likely just a point-card linked to a government database.
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69 sats \ 1 reply \ @SimpleStacker 8h
Expectations matter a lot for behavior so the biggest difference between UBI and a stimulus check is its regularity and predictability
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0 sats \ 0 replies \ @Undisciplined 59m
You'd expect people to save more of a one-time stimmy, right?
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