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RE: 2018 Sharing Is Caring: Time To Make People Rich And End Poverty Around The World!!!!
Your heart is in the right place.
I never liked the idea of just because one exists, one should be provided with basic necessities. If one exists and is willing to make basic contribution to society then it makes sense.
I do need to be certain that for myself to feel deserving of anything, I should do my part first before I look at society for repayment.
If I could find 5 more good and generous people like you, I may quit my job.
I greatly care for what you have to say but if an idea like yours ever comes close to fruition, it will cause such massive inflation that things will be worse than before.
What steemit has done is already great. It has provided a platform for anyone to come in and EARN.
It is impossible to have massive inflation when so much of the world economy is starting to fall under the Laws of IT.
In the developed nations, that is more than 4% of GDP....where the basic yearly deflationary rate is between 16% and 50% depending upon which of the three facets of IT you are referring to. This, in the US alone, puts a deflationary rate of .75% on the entire economy. Of course, this will only grow as software increases it rate of doubling due to AI.
It is also one of the reasons why the Central Banks easing around the world has not sparked the massive inflation so many predict.
The next 10 years, inflation will not be a problem....deflationary is going to be the thing that takes center stage. Anything that is digitized ends up demonitized.
I was not expecting a response to start with. So Thankyou for taking the time. There is no way I can even start a conversation here taking an opposite point of view because your cause is that noble. I don’t care if your hypothesis is wrong or right. If you are wrong even then it is a step in the right direction and the next step can always be modified. Who am I to attempt tp theoretically prove a social experiment wrong from the comfort of my living room. You go ahead. I want to see the world get better. You have my support