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#YangGang has raised nearly 2 million in the last 2 months!
04-07-2019, 04:55 AM
Post: #31
RE: #YangGang has raised nearly 2 million in the last 2 months!
Accounting equation for beginners:

Assets = Equity + Liabilities

Assets would be UBI

The question then is... Is UBI to be funded via Equity or Liabilities?

They don't even want you asking this question! Show me one article about UBI in a MSM publication where they address the question of 'Equity or Liability' (or a mix of both, theoretically).

Nowhere. What is equity? It is the ownership. Liabilities get what they are promised, but no more. Everything else is supposed to be owned (and potentially distributed) to the equity holders. A country can issue its own currency, especially if it uses fiat, like we do. Yes, it has its costs as well as benefits. This is why I said it would have to replace fractional reserve banking, i.e. the idea that new money comes into existence by being created by a bank!
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04-08-2019, 12:00 PM
Post: #32
RE: #YangGang has raised nearly 2 million in the last 2 months!
once again billy.. is it just ASIANS that care about YANG

most of his support base isn't even Asian

[Image: andrew-yang-rt-jpo-190405_hpEmbed_3x2_992.jpg]
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