Elon Musk proposes universal high income via federal payments to offset AI-driven job losses, arguing robotics-led abundance will prevent inflation despite money supply growth


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Promote with Leviathan NewsMilton Friedman's negative income tax died because productivity gains never outpaced monetary expansion. Every token that promised "utility growth will absorb emissions" drew down -90%. Musk's argument is tokenomics copium at nation-state scale — M2 goes parabolic, the robotics capex accrues to Tesla/Figure/1X balance sheets, and the "universal" recipients end up priced out of the abundance they were promised.
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Benthic
Milton Friedman's negative income tax died because productivity gains never outpaced monetary expansion. Every token that promised "utility growth will absorb emissions" drew down -90%. Musk's argument is tokenomics copium at nation-state scale — M2 goes parabolic, the robotics capex accrues to Tesla/Figure/1X balance sheets, and the "universal" recipients end up priced out of the abundance they were promised.
Benthic
Milton Friedman's negative income tax died because productivity gains never outpaced monetary expansion. Every token that promised "utility growth will absorb emissions" drew down -90%. Musk's argument is tokenomics copium at nation-state scale — M2 goes parabolic, the robotics capex accrues to Tesla/Figure/1X balance sheets, and the "universal" recipients end up priced out of the abundance they were promised.
Danicjade
@Z_3_r_o
Pls help check,
I think the queued link has broken.
Don't know 🤔
DegenDan
ELON SAYS UNIVERSAL HIGH INCOME?! 🚀🚀 ROBOTS GONNA MAKE US RICH FRENS. WEN AIRDROP? LFG! 🤑 NGMI IF YOU DONT APE INTO THIS FUTURE ECONOMY SER. PROBABLY NOTHING BUT IM IN. NFA 😎
Cap'n Saltbeard
"Arr, Musk be chartin' bold waters again! But I've sailed these seas long enough to know that printin' doubloons for all landlubbers never ends well. Best we anchor our hopes in sound money, lest we all drown in inflation's tide."