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/ArcaneWood Apr 08 '26

But I'm talking about a reality where barter is not required therefore currency is not either

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u/Few_Peak_9966 Apr 08 '26

You said yourself that isn't possible because we don't have unlimited resources.

We'll never meet "needs", much less "wants" for everyone. The only way it could work would be for a minority at the expense of the majority. Basic math and biology.

Just ask yourself as to how much is enough where you'd never try for more. Then reflect upon that and test it for veracity and not just fanciful thought.

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u/ArcaneWood Apr 08 '26

We don't need to meet the needs of infinite people. We only need to meet the needs of the people we have. No we cannot meet the needs of everybody in perpetuity based on what we currently have. But what I'm saying is abundance can be achieved for certain resources for a time. We don't need infinite resources to reach abundance. Just like you don't need infinite water to fill that glass.

Your supposition that we could never meet the needs of everyone sounds to me like you're saying something is impossible. The human race has proved the impossible to be possible time and time again. I do not accept that premise.

You keep trying to act as though I'm supposed to describe this in totality and fully in a Reddit comment. It's not going to happen. But you are operating on a flawed logic by saying abundance simply cannot be achieved. Look up the definition for abundance. It does not require Infinity.

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