Tessa Schlesinger
1 min readMay 13, 2021

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To be honest, I think we have a long way to go. We have to get past the idea of some people being more entitled to produced goods than others.

Let's say government prints money and hands it out as UBI. What happens is it's a hidden redistribution of wealth. It's not that business owners sell any less. They actually sell more.

It's that the current banking system is threatened because banks no longer profit from the immense profit they make by receiving money from the reserve bank and profiting by about a 1000%.

Once money becomes more evenly distributed, and people can buy the goods they need from the money they have, banks are not approached for loans as frequently. Nor do accounts go into overdraft as frequently. And so on, and so forth.

Banks, unfortunately, are international, so it doesn't really matter which country it is. They hold excessive influence.

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