Article Image

IPFS News Link • Economy - International

Central Banking Conspiracy Now Involves Canadian 'Basic Income'

• http://www.thedailybell.com

For years we've written how the "basic income" is statist propaganda expressed in monetary terms.

Love your state and the support it provides to you.

That's the message from those who want a regnant state. Handing out "free" money expands the clout of governments enormously.

The same governments that killed hundreds of millions in the 20th century.

The same governments that malevolently incarcerate tens of starving millions in penitentiaries around the world.

The same governments that inflict ruinous business cycles via monopoly central banking and illegitimate taxation.

"Basic income" is evidently part of the larger plot. More on that in a minute. First, more from the article:

Ontario's government announced in February that a pilot program will be coming to the Canadian province sometime later this year. The premise: send people monthly checks to cover living expenses such as food, transportation, clothing, and utilities — no questions asked.

The Tech Insider article states that Canada already has a highly socialized system when it comes to government benefits and that a rollout of a basic income plan might occur without dislocation or even much debate.

Right now Western states hand various benefits including welfare for "the poor." But that has some level of stigma attached to it.

A basic income reduces that stigma if everyone gets paid, or most everyone, not just the "poor."

The state then becomes a source of benevolence rather than an instrument of shame.

Is this immoral? One always needs to recall that the state is ultimately an expression of force. In great measure, whatever buttresses the power of the state reduces citizens' quality of life.

Who authorizes the state to remove a portion of your wealth? "Lawmakers" elected by a minority? And why should these people have authority over you and your substance?

Beyond general questions of morality, there are specific issues we should note.

The idea of a living wage emerges at a time when the central bank economic model is failing badly. It was always a Ponzi scheme justified by Keynesian lies. But its ruinous unreality is increasingly obvious.

But central bankers are battling to keep their monopoly of force regarding money printing.


www.universityofreason.com/a/29887/KWADzukm