Comments by "Joe Qi" (@i6power30) on "The Biggest UBI Experiment in History Failed: The Cover Up" video.

  1. Slightly less saving by these people who receive extra income is not surprising. Since you are guaranteed UBI, why save more money if your goal is just to maintain your existing lifestyle. It's a question of goal and ambitions, not that extra UBI money enabling them to move up.
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  2. Your fallacy is to only look at the numbers, not the cause. If you had any brain at all, you'd know that the UBI is not the cause for these people for having less money than the control group, it's the lack of financial education, and consumerism and instant gratification culture. If the same study was conducted in East Asian countries, you'd get a different conclusion. We need to instill a culture of saving and financial planning and not living from paycheck to paycheck, and mandate financial education from elementary school on as core corriculum.
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