@@ashishashish7538 If everyone gets $2k monthly, prices for goods and services will rise to compensate, and taxes will rise to cover. Therefore, people who currently need $4000 per month to live will need more than $6000 per month to live. MATHS are hard.
Your calculations is so much offf government need 80 billion dollors per month to give away $2000 to each person and 960 billion for total 12 month. Now question is where all this money come from.
@@theDevanShpatel Marx' Communist Manifesto calls for, among other things, centralization of all credit by the state by means of a central bank with state capital and an exclusive monopoly (central bank digital currency with total control), capital becomes common property, the property of all members of society (Universal Basic Income), such that class differences are reduced or eliminated (diversity, equity, inclusion).
@@jordanw8382 Thank you for your insightful comment highlighting key points from Marx's Communist Manifesto. Your interpretation underscores the centralization of credit, the concept of common property, and the aim of reducing class differences. It's an interesting perspective, especially in the context of current discussions around central bank digital currencies and Universal Basic Income.
@@theDevanShpatel Thanks 🙏👍Don't forget to research this throughly as many recent changes have come into effect late last year on the Monthly monetary benefits to Lower income single spousal income boost & child support schemes
chances of a guaranteed income becoming actual policy are “very close to zero,” said Kevin Milligan, an economics professor at the University of British Columbia who specializes in government social spending.
Probably a few years away. This past year they voted on developing a framework for it. It will likely be on condition that you have signed up using a digital ID and issued in a Central Bank Digital Currency for tracking every transaction you make with your 2000 "free" dollars.
@@theDevanShpatel CBDCs are not something we want. I predict that they will dangle the carrot of free money to lure the masses in, and then use the stick of closing the door to the economic and financial system to those who refuse to conform.
dont listen to this guy. hes speaking as if this is going to be an actual thing. So far from it. There has been one small trial. its highly unlikely to ever be enacted. Would be a mess. Everyone i know (including myself) will quit working then how will jobs get done?
Just like the $200 carbon tax rebate. If you think that it’s free money or makes up for the mass amount you pay at the pumps on natural gas and electricity and food you are out of your mind ! And that goes for any rebate. It’s basically a money laundring scheme. All that Covid money was printed and you can’t make money out of nothing so you come up with Covid relief launder it through the people and also come tax time tax them on that money cause they didn’t charge the tax at the time. People need to wake up to the fact that liberals don’t care about you it’s what’s good for them and how they can get more.
@@ACANETO78 it’s the start and where it goes from there isn’t good. When you rely on government to feed you, to pay you, to tell you what you can say and do it’s like George Orwells 1984. Beware what you say. You might not get paid.
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If everyone has $2000, nobody has $2000.
That was kind absolutely true! It would be more money but worth the same value
You’re not making sense
@@ashishashish7538 If everyone gets $2k monthly, prices for goods and services will rise to compensate, and taxes will rise to cover. Therefore, people who currently need $4000 per month to live will need more than $6000 per month to live. MATHS are hard.
Your calculations is so much offf government need 80 billion dollors per month to give away $2000 to each person and 960 billion for total 12 month. Now question is where all this money come from.
Thanks for point that absolutely true i miscalculated that part. They are going to print more to distribute easy way 😅
We used to call this "communism".
Interesting 'communism'. Where ? Can you tell a bit ?
@@theDevanShpatel Marx' Communist Manifesto calls for, among other things, centralization of all credit by the state by means of a central bank with state capital and an exclusive monopoly (central bank digital currency with total control), capital becomes common property, the property of all members of society (Universal Basic Income), such that class differences are reduced or eliminated (diversity, equity, inclusion).
@@jordanw8382 Thank you for your insightful comment highlighting key points from Marx's Communist Manifesto. Your interpretation underscores the centralization of credit, the concept of common property, and the aim of reducing class differences. It's an interesting perspective, especially in the context of current discussions around central bank digital currencies and Universal Basic Income.
Sounds great until you see the rampant inflation that comes from it.
Agree! Inflation is gonna definitely skyrocket
Government gives 2000
But will take 1500 back in taxes
Thank for the reply, yes taxes are high
This program has more advantages then disadvantages.
Hell yeah Richest Citizens in the WERLD!!!
Putting in my 2 weeks notice tomoro!
lol
haha. I was having same thoughts when I heard it first
combined with unlimited immigration..... sounds like a winner.
Thanks for your reply. Was it sarcastic ? or How do you foresee unlimited immigration and UBI interacting in Canada?
Good to hear that Justin and the Liberal Party of Canada can find yet more Other people's money to redistribute to Canada's non--contributors.
People will still need to work because rent is over 2000$ a month
Yes 😅. Thanks for your input
😂 What a sad place Canada has become.
Yes, Thanks for the reply. What other aspects you think that makes it sad place ?
you should apply to an India call center, you would be GREAT!
Dont go BC , Alberta and ontario all place have recession
Bhai agar implement hota bhi h to kb tk hoga? How much time government will take to implement this?
They haven't mentioned any dates yet though
What About The UKs similar monthly Income Benefits to its common low income Citizens, Please make one video on this topic 🤔 ??
Hello Great topic suggestion! I am adding to my notes for next topic Thanks!
@@theDevanShpatel Thanks 🙏👍Don't forget to research this throughly as many recent changes have come into effect late last year on the Monthly monetary benefits to Lower income single spousal income boost & child support schemes
@@gordonfernandes6873 Yes sure!
chances of a guaranteed income becoming actual policy are “very close to zero,” said Kevin Milligan, an economics professor at the University of British Columbia who specializes in government social spending.
Interesting! Given Professor Kevin Milligan's perspective and your understanding. What are the reasons that make you think that way ?
Yes but when
Probably a few years away. This past year they voted on developing a framework for it. It will likely be on condition that you have signed up using a digital ID and issued in a Central Bank Digital Currency for tracking every transaction you make with your 2000 "free" dollars.
wow that sounds scary. Money being tracked
@@theDevanShpatel CBDCs are not something we want. I predict that they will dangle the carrot of free money to lure the masses in, and then use the stick of closing the door to the economic and financial system to those who refuse to conform.
dont listen to this guy. hes speaking as if this is going to be an actual thing. So far from it. There has been one small trial. its highly unlikely to ever be enacted. Would be a mess. Everyone i know (including myself) will quit working then how will jobs get done?
Ye sala jhooth bhol raha hai
Thank you for the comment What specific points do you think need clarification or further discussion regarding the UBI?
Just more B.S.FROM SMILLEY
It’s never free. Unless you pay with your freedom
That is true! Even If people take money from government and they print more this isn't going to help
Just like the $200 carbon tax rebate. If you think that it’s free money or makes up for the mass amount you pay at the pumps on natural gas and electricity and food you are out of your mind ! And that goes for any rebate. It’s basically a money laundring scheme. All that Covid money was printed and you can’t make money out of nothing so you come up with Covid relief launder it through the people and also come tax time tax them on that money cause they didn’t charge the tax at the time. People need to wake up to the fact that liberals don’t care about you it’s what’s good for them and how they can get more.
How do you feel free in the face of poverty?
@@ACANETO78 it’s the start and where it goes from there isn’t good. When you rely on government to feed you, to pay you, to tell you what you can say and do it’s like George Orwells 1984. Beware what you say. You might not get paid.