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Instead of Universal Basic Income, how about Universal Basic Food Stamps? It feels like, rather than a basic income, we need two orthogonal currencies: one for necessities (food, rent, utilities) and one for niceities. Everyone would just have two numbers in their bank account, for each of the country's two official currencies. Basic income would be paid in one, while all income from trade in the economy would be in…
I get paid 20% of my salary in "food stamps"/"food vouchers" (they're more lightly taxed both for employees and employers so companies try to foist as much as possible upon employees). And they suck, a lot. They're called "Ticket Alimentación", and they're provided by Edenred. They're electronic these days to prevent the easiest ways to convert them into real money. https://en.wikipedia.org/wiki/Edenred Among the pro…
Thank you very much for posting this. I owe you.