JH: Remember also that a UBI would do away with most forms of social security.
Me: @ John,
Yes, it could do away quite quickly with social security, and that is one of numerous reasons why the dividend needs to be relatively abundant/high. The banks and certain of their powerful corporate and political allies could otherwise turn social credit into just another way to entrap the individual in second class economic and monetary citizenship. The philosophical concept upon which social credit is based is grace/graciousness and grace is about abundance, not scarcity….or even statistical monetary equilibrium. Grace is about real freedom/free flowingness and that means freedom from the tyranny of numbers as well. With the dual policies of the an abundant dividend and abundant discount even freedom from the tyranny of numbers is possible.