With $5 million, many of us could comfortably live off the interest alone. This allows the freedom to focus on work that aligns with personal passions and priorities rather than pursuing excess. Unfortunately, many people prioritize accumulating as much as possible, often without consideration for their neighbors or community. It’s important to strike a balance between personal success and contributing to the greater good.
The individual of the future is less susceptible to the influence of the seven deadly sins, embodying discipline and virtue. There is nothing preventing you from adopting these qualities and becoming a person of the future today!
Universal Basic Income, is the term you’re looking for. Interest is a loan you make to someone, someone unfortunate enough to need a load as opposed to have enough to lend themselves. UBI works in any system with surplus, AKA any society that isn’t literally starving.
But if everyone had the same amount of money, the interest is suddenly 0 because interest is made off the backs of debt holders. You can’t be a debt holder if you are wealthy enough to live on interest. Interest money always comes from somewhere. It’s inherently the transfer of wealth from one person to another. The idea that you might live stress free solely off of the interest of your wealth is capitalism. Meaning capitalism requires people to be in debt and it requires people to struggle while the wealthy do… passion projects? Sounds like an ideal society…
The current financial system, where money is printed without sufficient backing, raises important questions about wealth distribution. Many individuals do not require billions to live comfortably; a modest sum would suffice, allowing us to maintain a productive and fulfilling life. In fact, with financial security, we would likely become even more productive, as we could focus on careers that align with our passions and interests. Automation and AI technologies should be leveraged for tasks like cleaning and food service, rather than allowing greedy corporate interests to exploit workers. Ultimately, most people would be content pursuing meaningful work, rather than being driven solely by financial necessity.
With $5 million, many of us could comfortably live off the interest alone. This allows the freedom to focus on work that aligns with personal passions and priorities rather than pursuing excess. Unfortunately, many people prioritize accumulating as much as possible, often without consideration for their neighbors or community. It’s important to strike a balance between personal success and contributing to the greater good.
The individual of the future is less susceptible to the influence of the seven deadly sins, embodying discipline and virtue. There is nothing preventing you from adopting these qualities and becoming a person of the future today!
Universal Basic Income, is the term you’re looking for. Interest is a loan you make to someone, someone unfortunate enough to need a load as opposed to have enough to lend themselves. UBI works in any system with surplus, AKA any society that isn’t literally starving.
But if everyone had the same amount of money, the interest is suddenly 0 because interest is made off the backs of debt holders. You can’t be a debt holder if you are wealthy enough to live on interest. Interest money always comes from somewhere. It’s inherently the transfer of wealth from one person to another. The idea that you might live stress free solely off of the interest of your wealth is capitalism. Meaning capitalism requires people to be in debt and it requires people to struggle while the wealthy do… passion projects? Sounds like an ideal society…
The current financial system, where money is printed without sufficient backing, raises important questions about wealth distribution. Many individuals do not require billions to live comfortably; a modest sum would suffice, allowing us to maintain a productive and fulfilling life. In fact, with financial security, we would likely become even more productive, as we could focus on careers that align with our passions and interests. Automation and AI technologies should be leveraged for tasks like cleaning and food service, rather than allowing greedy corporate interests to exploit workers. Ultimately, most people would be content pursuing meaningful work, rather than being driven solely by financial necessity.