Lawmakers float a nationwide basic income experiment that would cover the cost of a 2-bedroom apartment

[IbogaProject]

18. You know our money is created out of nothing?

Only our coins have a metallic value. The problem is all central banks create money "at interest" without creating the interest itself . We have to nationalize all the world's central banks and have the governments earn the interest. Some other steps would be needed to prevent hoarding of cash.
The idea of basic income is similar to the case for univsrsal health coverage cutting our administrative overhead and reducing friction to people's basic needs can actually stimulate economic growth. The wealthy who've never been hungry for more than a day and they see the economy how they experience it where they push and shove against each other. They no longer understand how much better things could be if the minimum wage was at or near a sustainable level. The wealthy spend their money much slower and often in ways that just shuffle it within their caste on luxury items. People getting basic income will spend it in ways that recirculate much more than these 40 years of tax cuts for the already rich. That is why they keep coming back for more, if the uneven tax cuts worked we wouldn't be in this mess.