We have the money, it's just flowing into making the top 5% comfortable and the ... | Hacker News

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		vkou 3 months ago \| parent \| context \| favorite \| on: When the job search becomes impossible We have the money, it's just flowing into making the top 5% comfortable and the top 0.0005% really comfortable. Real estate in particular (but there are others) is a bottomless pit that society dumps money into, and speculators scoop money out of.

atemerev 3 months ago [–]

Just try and calculate. The rich are rich, but there are too few of them. Even $1000 UBI (which is not enough for anything) is like $3.2 trillion per year. All the rich taken together do not earn this much.

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