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“We should be investing in automation, and we should be, we should get out of this I'd say almost like, it's like a trap of full employment, this belief that, that it's best for people to be doing these jobs. I think that we should be aiming for full unemployme…”

“We could actually be paying for a 2000 dollar a month fully universal basic income for the amount of money that the, in, in, in the Fed is doing in one week.”

“The more inflation that there is, is essentially can be seen as like a wealth tax or something because it disproportionately impacts the, you know, owners of these assets.”

“So if you do that, and then if you're going to do a thousand dollars per month per person, and you're going to go to citizens in the United States, then it's a little over three trillion dollars. That's the gross cost.”

“So I think it's important that we see our economy as essentially, you know, a giant corporation where, as citizens, we are stockholders, and we should get a return On our investment that we're investing in these technologies.”

“It used to be the case, like back in the day, like say Bell Labs was a bit, was a company that did a lot of its own R&D, and that just doesn't exist anymore. If it's not profitable, people aren't going to do it. So all these, this exploration in, into new tech…”

“We also see in Europe, too, that around, on average, about half of that is passed on, and about half is absorbed”

“If you eliminate someone's job, then as long as income is coupled to jobs, then you actually are reducing their ability to spend on the stuff that the machines are making. So as you automate more and more, then the entire consumer based system breaks down beca…”

“So if you do have that money, if you do, if we make sure that everyone gets 2000 dollars a month for the rest of this crisis, Then first of all, you prevent a lot of those businesses from failing that would otherwise have failed. You grow and stimulate these b…”

“Like, we already know that buying up all these assets was something that vastly increased inequality and vastly Disproportionately, positively impacted, you know, asset holders. And we could have just bailed out the people, made sure that people could afford t…”

“In Gary, Indiana, and that experiment, we saw that there was a large increase in homeownership. So people use that money and they use that to buy homes. It actually increased homeownership by 26%.”

“If you enable people to actually move from cities to rural areas, And it would even make sense to do that because your, you know, thousand dollars or 2000 dollars or whatever it is, is going to go further in those lower cost of living areas. Then again, you're…”

“I believe that, that it makes sense to have an unconditional basic income floor. So we have, you know, a floor that operates underneath this entire economy. Everyone is earning income on top of that floor, and the floor is rising so that it's indexed to produc…”

“Every dollar distributed actually increases GDP by two dollars.”

“I don't think that that would pass. I think that that's appeals to a very specific segment, and I don't think that that would be politically saleable.”

“Are all those people going to go back to their jobs? No, they are absolutely not going to go back to their jobs. You're going to have a lot more machines doing a lot of these jobs for one thing.”

“So we're gonna, I expect us to see something even worse than we saw the last time this happened when, you know, it took 10 years to create all these jobs that we just lost in a matter of time.”

“I think it's really important that we have a fully universal amount, especially right now. Because of this not knowing The situations that people are in.”

“I'm personally not planning on voting for Trump, but I would absolutely Work with him myself. I would help him design a plan. I would, like, speak to him and be his advisor, and, you know, I would be a part of making this happen if it was if I had the potentia…”

“That our economy has actually grown twice as productive as we were back in the seventies.”

“So a lot of the story of automation is actually not only about unemployment, but about underemployment.”

“If we had introduced a thousand dollar a month basic income, no under Nixon in the 71, then right now that would be close to, you know, I think it would be like 2300 dollars a month, somewhere around there right now. That was index GDP per capita.”

“If you have a 10% value-added tax, then that generates around eight hundred billion dollars worth of revenue.”

“So one of the impacts in the Delphine Manitoba study in Canada in the 19 seventies was a reduced hospitalization rate of 8.5%.”

“There's a lot of, you know, 80 to 90% of healthy outcomes are actually through the social determinants of health.”

“Now they're supposed to spend that money on the poor and it's supposed to be a cash program. But there is enough leeway involved that the amount of cash has actually decreased from what was originally over 70% to now 23%.”

“And then also I want to stress too that we do 1.5 trillion dollars in tax expenditures every year. So there's a lot of, say, welfare that's written into the tax code.”

“Charles Murray's plan is to actually cash out everything and just provide people this universal basic income, and it actually, it was asked of economists if they would approve of that, and, like, it was virtually, like, no economist approved of that approach”

“The only reason we're talking about UBI like we are right now to the degree that we are is because of this crisis.”

“So like in Alaska, there has been a universal dividend since 1982.”