Why Universal Basic Income (UBI) Can’t Make Us Wealthier

In light of the current worldwide crisis and record levels of unemployment, many people are again talking about universal basic income or UBI. According to WIRED UK, a universal basic income would give people a greater sense of freedom and allow them to engage in activities that are of greater value to the community. However, this is easily disproved when you consider that one’s willingness to pay for an activity voluntarily is what determines how much value that activity has.

Hashtags: #UniversalBasicIncome #UBI #Economics

Subscribe to My 2 Cents:

https://bittubers.com/profile/My2Cents

https://www.bitchute.com/channel/my_2_cents/

https://www.youtube.com/c/My2CentsVideos

Support My 2 Cents:

https://www.subscribestar.com/my-2-cents

https://www.patreon.com/my_2_cents

https://bitbacker.io/user/my2cents/

My 2 Cents Gaming Channel:

https://www.youtube.com/channel/UCYVRaEa249qt4lJn-JyVtGg

My 2 Cents Discord Server:

https://discord.gg/nGSyy4s

_____________________________________________________________________________________
Thanks to my Patrons!

Americap: https://www.youtube.com/channel/UCnFkrWVSiPTjuvRmX06_tNw
Nightshift10000: https://www.youtube.com/user/Nightshift10000
Dark Con: https://www.youtube.com/channel/UC7Srtvw7XX1-3i38ZC8eEig/
Poe Poz: https://gab.ai/Poepoz

_____________________________________________________________________________________

Original Video:

____________________________________________________________________________________________

References

Sowell, T. (2014). Basic Economics. New York: Basic Books.

_____________________________________________________________________________________

Start your own BitChute account:
https://www.bitchute.com/accounts/referral/my_2_cents/

Start your own Minds account:
https://www.minds.com/register;referrer=My2Centz
_____________________________________________________________________________________
To follow me elsewhere:

YouTube: https://www.youtube.com/c/My2CentsVideos

Patreon: https://www.patreon.com/my_2_cents

SubscribeStar: https://www.subscribestar.com/my-2-cents

BitBacker: https://bitbacker.io/user/my2cents/

Twitter: https://twitter.com/_My2_Cents_

Facebook: https://www.facebook.com/My-2-Cents-273646286687939/videos/

Instagram: https://www.instagram.com/my__2_cents/

Minds: https://www.minds.com/My2Centz

BitChute: https://www.bitchute.com/channel/my_2_cents/

Bit.Tubers: https://bittubers.com/profile/My2Cents

Gab.Ai: https://gab.ai/My_2_Cents

Steemit: https://steemit.com/@my2centss/

DailyMotion: https://www.dailymotion.com/My_2_Cents

Link You: https://linkyou.blog/author/my-2-cents/

iTunes: https://itunes.apple.com/us/podcast/my-2-cents/id1300365679?mt=2

PayPal: https://www.paypal.me/My2CentsVideos

Bitcoin Wallet: 1CJ4z5drcgHVvNKKJhANB8NEJur8qKiZHS

Ethereum Wallet: 0xeDa57BB4ac4760f2B977bF4d55d5647685af89e6

____________________________________________________________________________________________

COPYRIGHT DISCLAIMER

This video may contain copyrighted content. Under Section 107 of the Copyright Act 1976, allowance is made for -fair use- for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

HARASSMENT NOTICE

It is not my intention to cause the original video creator(s) to receive any kind of harassment or abuse. It is my intention to provide a counter argument to the claims they have made. While I have no control over the feedback you choose to provide, I ask that you avoid any forms of harassment or abuse.

CHILDREN’S PRIVACY NOTICE

This video is NOT targeted to viewers under the age of 13. I do not collect, use, or disclose information from children on any platform where this video is hosted.

Idiots Lose Their Minds Over Price Gouging

Every time a disaster like #COVID19 rears its head, politicians and pundits come out of the woodwork to condemn “price gouging.” But what is #PriceGouging? What causes it, and does #Government make it better or worse with regulations?

Hashtags: #Economics #Coronavirus #Disaster #Rationing #FreeMarket #ToiletPaper

Subscribe to My 2 Cents:

https://bittubers.com/profile/My2Cents

https://www.bitchute.com/channel/my_2_cents/

https://www.youtube.com/c/My2CentsVideos

Support My 2 Cents:

https://www.subscribestar.com/my-2-cents

https://www.patreon.com/my_2_cents

https://bitbacker.io/user/my2cents/

My 2 Cents Gaming Channel:

https://www.youtube.com/channel/UCYVRaEa249qt4lJn-JyVtGg

My 2 Cents Discord Server:

https://discord.gg/nGSyy4s

_____________________________________________________________________________________
Thanks to my Patrons!

Americap: https://www.youtube.com/channel/UCnFkrWVSiPTjuvRmX06_tNw
Nightshift10000: https://www.youtube.com/user/Nightshift10000
Dark Con: https://www.youtube.com/channel/UC7Srtvw7XX1-3i38ZC8eEig/
Poe Poz: https://gab.ai/Poepoz

_____________________________________________________________________________________

Original Videos:

____________________________________________________________________________________________

References

Sampson, H. (2020, March 12). Travel prices are dropping almost everywhere as coronavirus fears take over. Retrieved from https://www.washingtonpost.com/travel/2020/03/12/travel-prices-are-dropping-almost-everywhere-coronvavirus-fears-take-over/.

Savodnik, P. (2020, March 19). Can movie theaters survive coronavirus? Retrieved from https://www.vanityfair.com/hollywood/2020/03/can-movie-theaters-survive-coronavirus.

Sowell, T. (2014). Basic Economics. New York: Basic Books.

_____________________________________________________________________________________

Start your own BitChute account:
https://www.bitchute.com/accounts/referral/my_2_cents/

Start your own Minds account:
https://www.minds.com/register;referrer=My2Centz
_____________________________________________________________________________________
To follow me elsewhere:

YouTube: https://www.youtube.com/c/My2CentsVideos

Patreon: https://www.patreon.com/my_2_cents

SubscribeStar: https://www.subscribestar.com/my-2-cents

BitBacker: https://bitbacker.io/user/my2cents/

Twitter: https://twitter.com/_My2_Cents_

Facebook: https://www.facebook.com/My-2-Cents-273646286687939/videos/

Instagram: https://www.instagram.com/my__2_cents/

Minds: https://www.minds.com/My2Centz

BitChute: https://www.bitchute.com/channel/my_2_cents/

Bit.Tubers: https://bittubers.com/profile/My2Cents

Gab.Ai: https://gab.ai/My_2_Cents

Steemit: https://steemit.com/@my2centss/

DailyMotion: https://www.dailymotion.com/My_2_Cents

Link You: https://linkyou.blog/author/my-2-cents/

iTunes: https://itunes.apple.com/us/podcast/my-2-cents/id1300365679?mt=2

PayPal: https://www.paypal.me/My2CentsVideos

Bitcoin Wallet: 1CJ4z5drcgHVvNKKJhANB8NEJur8qKiZHS

Ethereum Wallet: 0xeDa57BB4ac4760f2B977bF4d55d5647685af89e6

____________________________________________________________________________________________

COPYRIGHT DISCLAIMER

This video may contain copyrighted content. Under Section 107 of the Copyright Act 1976, allowance is made for -fair use- for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

HARASSMENT NOTICE

It is not my intention to cause the original video creator(s) to receive any kind of harassment or abuse. It is my intention to provide a counter argument to the claims they have made. While I have no control over the feedback you choose to provide, I ask that you avoid any forms of harassment or abuse.

CHILDREN’S PRIVACY NOTICE

This video is NOT targeted to viewers under the age of 13. I do not collect, use, or disclose information from children on any platform where this video is hosted.

The FED’s Stimulus Won’t Solve Production Problems (2 Day with 2 Cents Podcast)

With interest rates cut to zero, the Federal Reserve promises unlimited liquidity and Congress deliberates on a so-called “Economic Recovery Package.” However, no amount of money printed out of thin air can resolve the underlying problem which is lack of production. This problem has only been exacerbated by bringing the entire economy to a halt in an effort to stop the spread of the coronavirus (COVID-19).

Be sure to check out Specter Defense and Weaponry for custom arms orders:

Home

Hashtags: #FederalReserve #StimulusPackage2020 #COVID19 #StockMarketCrash2020 #EconomicCrisis #EconomicMeasures #EconomicCollapse

Subscribe to My 2 Cents:

https://bittubers.com/profile/My2Cents

https://www.bitchute.com/channel/my_2_cents/

https://www.youtube.com/c/My2CentsVideos

Support My 2 Cents:

https://www.subscribestar.com/my-2-cents

https://www.patreon.com/my_2_cents

https://bitbacker.io/user/my2cents/

My 2 Cents Gaming Channel:

https://www.youtube.com/channel/UCYVRaEa249qt4lJn-JyVtGg

My 2 Cents Discord Server:

https://discord.gg/nGSyy4s

_____________________________________________________________________________________
Thanks to my Patrons!

Americap: https://www.youtube.com/channel/UCnFkrWVSiPTjuvRmX06_tNw
Nightshift10000: https://www.youtube.com/user/Nightshift10000
Dark Con: https://www.youtube.com/channel/UC7Srtvw7XX1-3i38ZC8eEig/
Poe Poz: https://gab.ai/Poepoz

_____________________________________________________________________________________

Original Video:

____________________________________________________________________________________________

References

Krambeck, G. (2020, March 22). MARK-TO-MARKET: Trump, Federal Reserve tackle economic stimulus. Retrieved from https://qconline.com/business/mark-to-market-trump-federal-reserve-tackle-economic-stimulus/article_84592a90-e13e-5dd1-a576-f4193e8a28d0.html

Stein, J., Werner, E., & DeBonis, M. (2020, March 19). Negotiations intensify on Capitol Hill over massive stimulus legislation as coronavirus fallout worsens. Retrieved from https://www.washingtonpost.com/business/2020/03/18/trump-coronavirus-economic-plan/

_____________________________________________________________________________________

Start your own BitChute account:
https://www.bitchute.com/accounts/referral/my_2_cents/

Start your own Minds account:
https://www.minds.com/register;referrer=My2Centz
_____________________________________________________________________________________
To follow me elsewhere:

YouTube: https://www.youtube.com/c/My2CentsVideos

Patreon: https://www.patreon.com/my_2_cents

SubscribeStar: https://www.subscribestar.com/my-2-cents

BitBacker: https://bitbacker.io/user/my2cents/

Twitter: https://twitter.com/_My2_Cents_

Facebook: https://www.facebook.com/My-2-Cents-273646286687939/videos/

Instagram: https://www.instagram.com/my__2_cents/

Minds: https://www.minds.com/My2Centz

BitChute: https://www.bitchute.com/channel/my_2_cents/

Bit.Tubers: https://bittubers.com/profile/My2Cents

Gab.Ai: https://gab.ai/My_2_Cents

Steemit: https://steemit.com/@my2centss/

DailyMotion: https://www.dailymotion.com/My_2_Cents

Link You: https://linkyou.blog/author/my-2-cents/

iTunes: https://itunes.apple.com/us/podcast/my-2-cents/id1300365679?mt=2

PayPal: https://www.paypal.me/My2CentsVideos

Bitcoin Wallet: 1CJ4z5drcgHVvNKKJhANB8NEJur8qKiZHS

Ethereum Wallet: 0xeDa57BB4ac4760f2B977bF4d55d5647685af89e6

____________________________________________________________________________________________

COPYRIGHT DISCLAIMER

This video may contain copyrighted content. Under Section 107 of the Copyright Act 1976, allowance is made for -fair use- for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

HARASSMENT NOTICE

It is not my intention to cause the original video creator(s) to receive any kind of harassment or abuse. It is my intention to provide a counter argument to the claims they have made. While I have no control over the feedback you choose to provide, I ask that you avoid any forms of harassment or abuse.

CHILDREN’S PRIVACY NOTICE

This video is NOT targeted to viewers under the age of 13. I do not collect, use, or disclose information from children on any platform where this video is hosted.

Biden’s Upcoming Economic Narrative (2 Day with 2 Cents Podcast)

 

In this edition of the 2 Day with 2 Cents podcast, I discuss Joe Biden’s ascendancy as the Democratic Party’s front runner for 2020 in light of the stock market’s tumbling as the coronavirus continues to spread worldwide. Many right-wing commentators are saying that a Biden presidency isn’t nearly as much of a threat as a Sanders presidency, but I have my doubts.

Be sure to check out Specter Defense and Weaponry for custom arms orders:

Home

Hashtags: #Biden2020 #COVID19 #StockMarketCrash2020 #BidenForPresident #Biden #EconomicCrisis

Subscribe to My 2 Cents:

https://bittubers.com/profile/My2Cents

https://www.bitchute.com/channel/my_2_cents/

https://www.youtube.com/c/My2CentsVideos

Support My 2 Cents:

https://www.subscribestar.com/my-2-cents

https://www.patreon.com/my_2_cents

https://bitbacker.io/user/my2cents/

My 2 Cents Gaming Channel:

https://www.youtube.com/channel/UCYVRaEa249qt4lJn-JyVtGg

My 2 Cents Discord Server:

https://discord.gg/nGSyy4s

_____________________________________________________________________________________
Thanks to my Patrons!

Americap: https://www.youtube.com/channel/UCnFkrWVSiPTjuvRmX06_tNw
Nightshift10000: https://www.youtube.com/user/Nightshift10000
Dark Con: https://www.youtube.com/channel/UC7Srtvw7XX1-3i38ZC8eEig/
Poe Poz: https://gab.ai/Poepoz

_____________________________________________________________________________________

Original Video:

____________________________________________________________________________________________

References

Fitzgerald, M. (2020, February 28). Global stock markets have lost $6 trillion in value in six days. Retrieved from https://www.cnbc.com/2020/02/28/global-stock-markets-have-lost-6-trillion-in-value-in-six-days.html

Haberman, M., & Karni, A. (2020, March 4). The Coronavirus. The Stock Market. Now Biden’s Comeback Adds to Trump’s Bad Week. Retrieved from https://www.nytimes.com/2020/03/04/us/politics/trump-coronavirus-stock-market-biden.html

Rob, G. (2020, March 5). Fed expected to continue cutting interest rates, beginning as soon as later this month. Retrieved from https://www.marketwatch.com/story/fed-expected-to-continue-cutting-interest-rates-beginning-as-soon-as-later-this-month-2020-03-05

_____________________________________________________________________________________

Start your own BitChute account:
https://www.bitchute.com/accounts/referral/my_2_cents/

Start your own Minds account:
https://www.minds.com/register;referrer=My2Centz
_____________________________________________________________________________________
To follow me elsewhere:

YouTube: https://www.youtube.com/c/My2CentsVideos

Patreon: https://www.patreon.com/my_2_cents

SubscribeStar: https://www.subscribestar.com/my-2-cents

BitBacker: https://bitbacker.io/user/my2cents/

Twitter: https://twitter.com/_My2_Cents_

Facebook: https://www.facebook.com/My-2-Cents-273646286687939/videos/

Instagram: https://www.instagram.com/my__2_cents/

Minds: https://www.minds.com/My2Centz

BitChute: https://www.bitchute.com/channel/my_2_cents/

Bit.Tubers: https://bittubers.com/profile/My2Cents

Gab.Ai: https://gab.ai/My_2_Cents

Steemit: https://steemit.com/@my2centss/

DailyMotion: https://www.dailymotion.com/My_2_Cents

Link You: https://linkyou.blog/author/my-2-cents/

iTunes: https://itunes.apple.com/us/podcast/my-2-cents/id1300365679?mt=2

PayPal: https://www.paypal.me/My2CentsVideos

Bitcoin Wallet: 1CJ4z5drcgHVvNKKJhANB8NEJur8qKiZHS

Ethereum Wallet: 0xeDa57BB4ac4760f2B977bF4d55d5647685af89e6

____________________________________________________________________________________________

COPYRIGHT DISCLAIMER

This video may contain copyrighted content. Under Section 107 of the Copyright Act 1976, allowance is made for -fair use- for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

HARASSMENT NOTICE

It is not my intention to cause the original video creator(s) to receive any kind of harassment or abuse. It is my intention to provide a counter argument to the claims they have made. While I have no control over the feedback you choose to provide, I ask that you avoid any forms of harassment or abuse.

CHILDREN’S PRIVACY NOTICE

This video is NOT targeted to viewers under the age of 13. I do not collect, use, or disclose information from children on any platform where this video is hosted.

The Coronavirus and the Austrian Business Cycle (2 Day with 2 Cents Podcast)

The #CoronavirusOutbreak has been sensationalized across the media. With entire regions of China shutdown, global markets are preparing for widespread downturn. However, it occurs to me that this supposed epidemic has come about at a time that the U.S. Government and Federal Reserve might have motive to create global uncertainty. Listen to my thoughts on this new edition of the 2 Day with 2 Cents Podcast!

Hashtags: #AustrianBusinessCycle #2DayWith2Cents #CurrentEvents #Coronavirus #Economics

Subscribe to My 2 Cents:

https://bittubers.com/profile/My2Cents

https://www.bitchute.com/channel/my_2_cents/

https://www.youtube.com/c/My2CentsVideos

Support My 2 Cents:

https://www.subscribestar.com/my-2-cents

https://www.patreon.com/my_2_cents

https://bitbacker.io/user/my2cents/

My 2 Cents Gaming Channel:

https://www.youtube.com/channel/UCYVRaEa249qt4lJn-JyVtGg

My 2 Cents Discord Server:

https://discord.gg/nGSyy4s

_____________________________________________________________________________________
Thanks to my Patrons!

Americap: https://www.youtube.com/channel/UCnFkrWVSiPTjuvRmX06_tNw
Nightshift10000: https://www.youtube.com/user/Nightshift10000
Dark Con: https://www.youtube.com/channel/UC7Srtvw7XX1-3i38ZC8eEig/
Poe Poz: https://gab.ai/Poepoz

_____________________________________________________________________________________

Original Video:

____________________________________________________________________________________________

References

2019 Novel Coronavirus (2019-nCoV) Situation Summary. (2020, January 31). Retrieved from https://www.cdc.gov/coronavirus/2019-nCoV/summary.html#risk-assessment

Daurat, C. (2020, January 31). The Coronavirus Is Infecting the Global Economy. Here’s How. Retrieved from https://www.bloomberg.com/news/articles/2020-01-31/the-global-economy-is-getting-infected-by-the-virus

Foster, S. (2020, January 31). The Repo Market, Explained – And Why The Fed Is Pumping Billions Into It. Retrieved from https://www.bankrate.com/banking/federal-reserve/why-the-fed-pumps-billions-into-repo-market/

Mendell, E. (2020, January 30). Coronavirus Triggers Damage Control From Governments, Companies. Retrieved from https://www.wsj.com/articles/coronavirus-triggers-damage-control-from-governments-companies-11580396657

Smith-Schoenwalder, C. (2020, January 30). Why the Flu Is Still a Bigger Threat to Americans Than Coronavirus. Retrieved from https://www.usnews.com/news/health-news/articles/2020-01-30/why-the-flu-is-a-bigger-threat-to-the-us-than-coronavirus

_____________________________________________________________________________________

Start your own BitChute account:
https://www.bitchute.com/accounts/referral/my_2_cents/

Start your own Minds account:
https://www.minds.com/register;referrer=My2Centz
_____________________________________________________________________________________
To follow me elsewhere:

YouTube: https://www.youtube.com/c/My2CentsVideos

Patreon: https://www.patreon.com/my_2_cents

SubscribeStar: https://www.subscribestar.com/my-2-cents

BitBacker: https://bitbacker.io/user/my2cents/

Twitter: https://twitter.com/_My2_Cents_

Facebook: https://www.facebook.com/My-2-Cents-273646286687939/videos/

Instagram: https://www.instagram.com/my__2_cents/

Minds: https://www.minds.com/My2Centz

BitChute: https://www.bitchute.com/channel/my_2_cents/

Bit.Tubers: https://bittubers.com/profile/My2Cents

Gab.Ai: https://gab.ai/My_2_Cents

Steemit: https://steemit.com/@my2centss/

DailyMotion: https://www.dailymotion.com/My_2_Cents

Link You: https://linkyou.blog/author/my-2-cents/

iTunes: https://itunes.apple.com/us/podcast/my-2-cents/id1300365679?mt=2

PayPal: https://www.paypal.me/My2CentsVideos

Bitcoin Wallet: 1CJ4z5drcgHVvNKKJhANB8NEJur8qKiZHS

Ethereum Wallet: 0xeDa57BB4ac4760f2B977bF4d55d5647685af89e6

____________________________________________________________________________________________

COPYRIGHT DISCLAIMER

This video may contain copyrighted content. Under Section 107 of the Copyright Act 1976, allowance is made for -fair use- for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

HARASSMENT NOTICE

It is not my intention to cause the original video creator(s) to receive any kind of harassment or abuse. It is my intention to provide a counter argument to the claims they have made. While I have no control over the feedback you choose to provide, I ask that you avoid any forms of harassment or abuse.

CHILDREN’S PRIVACY NOTICE

This video is NOT targeted to viewers under the age of 13. I do not collect, use, or disclose information from children on any platform where this video is hosted.