Full Article: TINA’s Legacy: Free Money, Bread and Circuses and Collapse
By: Charles Hugh Smith
Every conventional “solution” to the systemic ills of our economy and society boils down to some version of free money: Universal Basic Income (UBI) schemes– free money for everyone, funded by borrowing from future taxpayers (robots, people, Martians, any fantasy will do); debt jubilees funded by central banks creating trillions out of thin air, a.k.a. free money, and so on.
Full Article: TINA’s Legacy: Free Money, Bread and Circuses and Collapse
By: Charles Hugh Smith