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Free Money for Everyone! It’s Your Dime Interview with Antony Sammeroff

Summary:
We’ve seen growing support for a universal basic income or UBI. In a nutshell, the government would pay every citizen a set amount of money without any means testing or work requirement. Democratic Party presidential candidate Andrew Yang has made UBI a central issue in his campaign. Under his plan, every American over the age of 18 would get ,000 per month, guaranteed.  This sounds great, doesn’t it? Who doesn’t want free money? But the plan raises a few questions — like how would the government pay for it?In this episode of It’s Your Dime, host Mike Maharrey talks with Antony Sammeroff, author of the book “.” They discuss the pros and cons of UBI and delve into some of the economic ramifications. Antony is the author of several books and the host of the Scottish Liberty

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Free Money for Everyone! It’s Your Dime Interview with Antony Sammeroff

We’ve seen growing support for a universal basic income or UBI. In a nutshell, the government would pay every citizen a set amount of money without any means testing or work requirement. Democratic Party presidential candidate Andrew Yang has made UBI a central issue in his campaign. Under his plan, every American over the age of 18 would get $1,000 per month, guaranteed.  This sounds great, doesn’t it? Who doesn’t want free money? But the plan raises a few questions — like how would the government pay for it?

In this episode of It’s Your Dime, host Mike Maharrey talks with Antony Sammeroff, author of the book “.” They discuss the pros and cons of UBI and delve into some of the economic ramifications.

Antony is the author of several books and the host of the Scottish Liberty Podcast.

TOPICS DISCUSSED

  • What UBI is UBI and how would it work?
  • Why it’s being proposed?
  • The economic ramifications of a UBI
  • The possible unintended consequences of implementing UBI
  • Will technology really displace workers?
  • The case against UBI

SchiffGold’s  features “straight talk” interviews with movers and shakers in the world of precious metals, investing, politics and economics.

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SHOW NOTES

Andrew Yang’s UBI proposal

Universal Basic Income: For and Against

Antony’s Website

Antony’s Twitter @AntonySammeroff

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