Universal Basic Income – Communist Trap Or Social Welfare? #380

Universal Basic Income – Communist Trap Or Social Welfare, features Antony Sammeroff who explains the pitfalls of such an experiment.

Universal Basic Income – Communist Trap Or Social Welfare?

Universal Basic Income – Communist Trap Or Social Welfare, features Antony Sammeroff. He has worked for many years as a therapist and is a champion of freedom lovers. He discusses the theory of Universal Basic Income. Antony is also host of the ‘How To Be Yourself & Love It’ podcast.

Transcript from ‘Universal Basic Income’ podcast

Antony – That was at the time when I became a Libertarian. There are a lot of ways that Libertarian policies would solve poverty or reduce poverty. People didn’t understand them and Libertarians didn’t talk about them much. I was talking about poverty and they think that if you like free markets and capitalism, you must just hate the poor. So I kind of wrote to address that it’s a little bit of a Trojan horse. It’s called UBI for and against and I did try and mount the best argument I could in favor of UBI. Fundamentally I’m against it, so it’s the only comprehensive critique of the UBI scheme that I’m aware exists. The government has interfered with housing and made the cost of accommodation so high.

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Central Bank Digital Currency & Babylonian Debt Slavery #348

Central Bank Digital Currency & Babylonian Debt Slavery, features Mario Innecco who is an expert in finance and the banking system.

Central Bank Digital Currency & Babylonian Debt Slavery

Central Bank Digital Currency & Debt Slavery, features Mario Innecco who is an expert in financial markets and macroeconomics. Here he chats with Chris about the illusion of money and how countries got into so much debt.

Transcript from ‘Central Bank Digital Currency & Babylonian Debt Slavery’

Mario – First of all we need to understand central banks. They’re only there because the the government gives them the monopoly. In the case of the bank of England, it was the Royal Charter in 1694. What we had here, was a marriage between these money lenders that you talk about and the government. Why do they do that, well because the money lenders benefit from the fact that they’re lending to a nation. When you lend to nations, you make a lot more profit. The monarch or the president or whatever the government has the power of taxation. So it’s almost like the bankers will never lose out because the head of state can always tax and they can always find crisis.

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