The Keynesian Illuminati that run the world are now scrambling to find solutions to the rampant condition of income inequality that they themselves have created. After a decade of global fiscal and monetary policy madness, which were in effect Robin Hood in reverse, they are now seeking to repair the damage caused to the middle classes by making them become permanent wards of the states, just as they strip away ever more of their freedoms.
A genuine solution to reduce the wealth gap would be to eliminate central banks and replace them with a gold standard of money. This would automatically fetter the monetary base to the increased mine supply of gold, which historically has closely matched the productive capacity of the economy. This leads to stable growth without asset bubbles, which serves to eliminate trenchant differences between the classes. But that type of solution wouldn't achieve their real objective, which is to increase power. Therefore their answer to the imminent manifestation of the next global financial crisis, of their own making, is to invent another government wealth redistribution scheme of even greater proportions.
Despite historical proof that economic systems premised on government redistribution, such as communism and socialism, not only lead to stagnation but in fact exacerbate income inequality, they still cling to the hope that if marketed under a different name their idyllic welfare state will eventually yield prosperity. Enter their latest indulgence: Universal Basic Income (UBI). UBI–comes in a variety of flavors but all are predicated on the government making payments to people for doing absolutely nothing.
This re-packaged “solution” takes money from the productive part of the economy and re-purposes it into non-productive efforts. At least communism operated under the pretense of work: a communal utopia “from each according to ability…to each according to need.” UBI is predicated on a handout with no incentive for people to live up to their potential. As bizarre as this may sound, it is rapidly gaining worldwide traction.
