Andrew Yang & Universal Income.

The case for Universal Basic Income.

$1,000 dollars per month to every adult as a right of citizenship, unconditional, no strings attached. Even without a tax on automation, meaning that we were just printing the money Helicopter Ben style there are many reasons why we in the United States should implement a UBI.

First of all you must understand that our government, The Federal Reserve and The Treasury, are already printing trillions of dollars per year. This new money primarily goes to banks. Whenever a banks lends money whether it’s a home loan, car loan, credit card, student loan, whatever, that creates new money in the system. Whoever got the money from the loan, for example, the dealership who sold you a car now has a credit in their bank account and if they decide (for whatever reason) to take out $10k worth of cash from the bank, the bank has to provide that money in cash. So on a daily basis, banks receive new money every single day and they essentially have the power to create new money. However, the system is rigid to turn those people who need money into debt slaves. Why for example can banks create new money but the common man has to borrow it and pay interest on it?

The paradigm shift in Biotech that’s coming in the next 10 years.

The human body just like software and computer hardware is at it’s core a integration of a lot of complex systems. Only that unlike computers where the software is non-physical (exists as electrons) the software of the human body, DNA is physical. My main point is that like computers we are now at the point where we understand and have the technology necessary to alter the system in ways that will benefit us.

At this paradigm we are just now somewhat capable of fixing or treating problems. For example, if you have pain we have pain killers, if you have an infection we have antibiotics or antivirals, if you’re too short we can give you HGH, if you get cancer we can give you chemo, if you’re diabetic we can give you insulin. At this level of thought, the FDA the main regulatory body of drugs and biologicals in the US is strictly only approving products that help people cure or treat a problem and will bring them back to “normal health”. In the very near future though, we’re going to realize that we can go beyond just fixing problems to actually enhancing people who are otherwise normal.

We’re already beginning to see some of that with the drug provigil. Where healthy people are using the drug not to fix any illness but purely as a way to enhance the cognitive and mental abilities. I envision that eventually we are going to have the Apple of biotech, the Google of Biotech, the Amazon, Facebook, and NetFlix of Biotech. Were companies are going to be creating consumer biotech products.