Universal Basic Income seems to be spreading like wildfire but it does nothing to revive economic activity. Instead, it suppresses economic activity by enabling would-be wage earners to live off "free money." UBI payments keep people impoverished, ultimately driving them further into despair and poverty.
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Patrick Wood is a leading and critical expert on Sustainable Development, Green Economy, Agenda 21, 2030 Agenda and historic Technocracy. He is the author of Technocracy Rising: The Trojan Horse of Global Transformation (2015) and co-author of Trilaterals Over Washington, Volumes I and II (1978-1980) with the late Antony C. Sutton.
