Governments already do basic income, it just isn't universally distributed. Instead every little bit of new money supply is instead given to banks with corporate charters. This is done by allowing banks to create money out of thin air, money they don't have, as debt on their balance sheets whenever they "give" out a loan.
Then the people receieving this loan have to pay back this new money. In this way governments do basic income for all 5k corporate banks in the USA and it's likely very similar in other nations with fractional reserve banking.
It would not be very hard at all to simply remove this functionality from banks and evenly distribute the creation of new money supply.
Then the people receieving this loan have to pay back this new money. In this way governments do basic income for all 5k corporate banks in the USA and it's likely very similar in other nations with fractional reserve banking.
It would not be very hard at all to simply remove this functionality from banks and evenly distribute the creation of new money supply.