Helicopter Money Arrives in Switzerland

[singular_me]

it is like 1000 USAD, life is so expensive there... nonetheless, are they preparing for mass unemployment to subdue the will of the people?
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Switzerland To Hand Out $2500 Monthly To All Citizens
31st January 2016

‘With Citi’s chief economist proclaiming “only helicopter money can save the world now,” and the Bank of England pre-empting paradropping money concerns, it appears that Australia’s largest investment bank’s forecast that money-drops were 12-18 months away was too conservative. While The Finns consider a “basic monthly income” for the entire population, Swiss residents are to vote on a countrywide referendum about a radical plan to pay every single adult a guaranteed income of around $2500 per month, with authorities insisting that people will still want to find a job.

The plan, as The Daily Mail reports, proposed by a group of intellectuals, could make the country the first in the world to pay all of its citizens a monthly basic income regardless if they work or not. But the initiative has not gained much traction among politicians from left and right despite the fact that a referendum on it was approved by the federal government for the ballot box on June 5.’

http://www.zerohedge.com/news/2016-01-29/helicopter-money-arrives-switzerland-hand-out-2500-monthly-all-citizens

[Cebu_4_2]

I can live on that, but what happens to inflation? Also not the rapeskins will get the same amount, this is a 3rd world calamity just in the begining stages.

[madfranks]

$2500 a month x the whole population? Because most if not all of that money will be spent as soon as it's received, really this should be insanely inflationary!

[singular_me]

yes destruction assured... but they can stretch it for a long while. Same as QE here

but further, it people will turn to their gov for mode free money medicine

[Twisted Titan]

Their would be about 8to 15 months of utopia and then when the last of low end goods are consumed. ...the adjustment higher will kick in.
And the masses will so cry that 2500 is not enough.

Just like how the cry right now.

[madfranks]

Their would be about 8to 15 months of utopia and then when the last of low end goods are consumed. ...the adjustment higher will kick in.
And the masses will so cry that 2500 is not enough.

Just like how the cry right now.

Then it'll be $25,000/month, then $250,000, then $2.5 million, and... well we've see this before.

http://www.theglobalphotographer.com/storage/Zim_10trillion.jpg

[monty]

"The country is holding a national referendum on the introduction of a basic income on June 5. Its supporters want the government to guarantee each person a monthly after-tax income of at least 2,500 Swiss francs ($2,520). "

http://money.cnn.com/2016/05/24/news/economy/switzerland-guaranteed-basic-income/index.html?iid=surge-story-summary

Will Switzerland give every adult $2,500 a month?http://i2.cdn.turner.com/money/dam/assets/150514164959-we-the-economy-income-inequality-00024512-1024x576.jpg (http://money.cnn.com/video/news/economy/2015/05/15/we-the-economy-income-inequality.cnnmoney?iid=EL)


Switzerland is considering giving every adult citizen a guaranteed income of $2,500 a month. No questions asked.The country is holding a national referendum on the introduction of a basic income on June 5. Its supporters want the government to guarantee each person a monthly after-tax income of at least 2,500 Swiss francs ($2,520).


Those in work and earning less than that would have their pay topped up. Those out of work would be handed the full amount.


The income would be unconditional and untaxed, and would replace various welfare payments. The Swiss government, which opposes the initiative, says it would have to find 25 billion Swiss francs a year to pay for the measure. New taxes, or spending cuts, would damage the economy, it says.
Proponents of the universal income say Switzerland is a rich country that can afford it. They say that hundreds of thousands of Swiss people (http://money.cnn.com/2016/01/18/news/economy/job-losses-technology-five-million/index.html?iid=EL) are at risk of losing their jobs because of advances in technology, and the introduction of a basic income would give them greater security.


http://i2.cdn.turner.com/money/dam/assets/160524134112-switzerland-basic-income-780x439.jpgThe basic income campaigners say it would boost enterpreneurship.
Unlike many countries, Switzerland does not have a national minimum wage.


Opinion polls suggest only 40% of Swiss voters will back the basic income. And even if it gets majority support, the suggested rate of 2,500 Swiss francs would be only marginally higher than the estimated poverty line (2,219 francs) and far short of the median wage before tax (6,427 francs).
The vast majority of Swiss people say they'd continue working even if the basic income becomes reality. Research by DemoSCOPE said only 10% of voters people said they would consider quitting their job.


Related: What if you never had to worry about rent or food? (http://money.cnn.com/2016/01/27/technology/y-combinator-basic-income-research/?iid=EL)


Just over half said they would take advantage of the income to spend more time with their families and study, with 40% saying they would volunteer more.


The Swiss debate started in 2013, when a petition in favor of the initiative gathered over 100,000 signatures, the number needed for it to be debated nationally. In order to force a change in the law, the initiative needs to be approved by a majority of the electorate and the country's 26 cantons, or districts.


Share your story: Have you gotten a raise lately? Tell us about it! (http://wp.me/p4w94-siz)


Switzerland is not the first country to come up with the idea of basic income.


Finland is considering scrapping all welfare benefits and paying everyone $10,000 (http://money.cnn.com/2015/12/07/news/economy/finland-basic-income-800-euros/?iid=EL)a year instead. A pilot program will launch early next year, with roughly 10,000 Finns receiving around 550 euros a month for two years.


CNNMoney (London) First published May 24, 2016: 10:52 AM ET

©2016 Cable News Network. A Time Warner Company. All Rights Reserved. Terms (http://money.cnn.com/services/terms.html) under which this service is provided to you. Privacy Policy (http://money.cnn.com/services/privacy/)

[Norweger]

Read an article in the norwegian jewsmedia recently about a small swiss community that had to pay a hefty fine because they didn't want immigrants. So its clear that Switzerland is also gonna get it.

This guaranteed income thing might be a part of it.

[Hitch]

$2500 a month x the whole population? Because most if not all of that money will be spent as soon as it's received, really this should be insanely inflationary!

It will end badly. Not only inflationary, but the other side of the coin...with a guaranteed $2500 a month. Why not take that, and get a job under the table so to speak? Take the $2500, and with your free time, just work tax free, start up a side business, etc. So, there will be even less tax revenues to try and feed this beast.

I read articles like this, and think really? Hard to believe the Swiss would do this, it sounds 3rd world to me.

[Shami-Amourae]

It will end badly. Not only inflationary, but the other side of the coin...with a guaranteed $2500 a month. Why not take that, and get a job under the table so to speak? Take the $2500, and with your free time, just work tax free, start up a side business, etc. So, there will be even less tax revenues to try and feed this beast.

I read articles like this, and think really? Hard to believe the Swiss would do this, it sounds 3rd world to me.

The problem is it HAS to work if technology is going to continue the way it's headed. If it doesn't then the future is bleak for civilization as automation rolls out.


https://www.youtube.com/watch?v=XQQYbKT_rMg

[Glass]

the Swiss legalised heroin back in the 90's. Not sure if they ever repealed that or kept it. You could go get your junk from the government, fit packs supplied and a place to go shoot. Nice view overlooking the city of Bern. They do consider themselves ultra civilised and progressive compared to the rest of us.

As a contrast they refused to legalise marijuana. i'm guessing because it wasn't for the same reasons. Which suggests they were fairly pragmatic as well. Not sure if that is still the case.
ABC news (http://www.nbcnews.com/id/27987734/ns/world_news-europe/t/swiss-approve-pioneering-legal-heroin-program/)

[Hitch]

The problem is it HAS to work if technology is going to continue the way it's headed. If it doesn't then the future is bleak for civilization as automation rolls out.

It won't work. There is no possible way it can work. Yes, the future is bleak. Even more so for the young enslaved in debt with worthless college degrees. Automation will continue until the whole thing collapses, then it's SHTF. This is why we prepare.

[Glass]

It won't work. There is no possible way it can work. Yes, the future is bleak. Even more so for the young enslaved in debt with worthless college degrees. Automation will continue until the whole thing collapses, then it's SHTF. This is why we prepare.

Automation will become transformation. AI is a mid step and will be limited. Transhumanism is the full measure and when it comes it will come with war. Those that become transhumans will have to destroy those that do not. Many will go stupidly and blindly but those who don't will be the mortal enemy.

The transhumans want to avoid death and judgement at all costs. They sold everything and have plenty to lose. The only ones who can spoil their plans will be the remaining humans. They will have to be destroyed other wise the transhumans will have to pay the price. Avoiding death means avoiding paying the piper, the ferry man, what ever you want to call it.

Sounds like a dramatic allegory of a bunch of movies and it is but I also think its the long term plan.

The UK story from yesterday about genetically engineering babies. They say they want to find out why more than 50% of life doesn't take root and fails. They can change life, they call it engineering but it isn't. It's genetic manipulation. At present they need something already living to start with first. Then they change it.

What they are looking for is the Engineering ability. The ability to make something from nothing. They are looking for the key. The spark that sets it all going.

[Hitch]

Automation will become transformation. AI is a mid step and will be limited. Transhumanism is the full measure and when it comes it will come with war. Those that become transhumans will have to destroy those that do not. Many will go stupidly and blindly but those who don't will be the mortal enemy.

The transhumans want to avoid death and judgement at all costs. They sold everything and have plenty to lose. The only ones who can spoil their plans will be the remaining humans. They will have to be destroyed other wise the transhumans will have to pay the price. Avoiding death means avoiding paying the piper, the ferry man, what ever you want to call it.

Sounds like a dramatic allegory of a bunch of movies and it is but I also think its the long term plan.

The UK story from yesterday about genetically engineering babies. They say they want to find out why more than 50% of life doesn't take root and fails. They can change life, they call it engineering but it isn't. It's genetic manipulation. At present they need something already living to start with first. Then they change it.

What they are looking for is the Engineering ability. The ability to make something from nothing. They are looking for the key. The spark that sets it all going.

The fact of the matter is someone has to work. People can not survive and function, unless they, themselves, work. A lot of our self worth is tied to work. As much as technology progresses, it will never overpower human nature.

[Glass]

The fact of the matter is someone has to work. People can not survive and function, unless they, themselves, work. A lot of our self worth is tied to work. As much as technology progresses, it will never overpower human nature.

If a human consciousness goes into a machine - transhuman, it won't need anything from the physical world. Machines can already make machines. If a machine breaks, a new one will be made to replace it. No real need to fix it. Just replace it. Recycle the dead one. The only thing that is really required is energy to run it all. And that can be manufactured and run by machines also. It won't need humans. They will be a threat.

[Jewboo]

If a human consciousness goes into a machine - transhuman, it won't need anything from the physical world.



What about a guy who lost his memory and suffers from amnesia? Serious question.

:(??

[singular_me]

cannot stop knowledge.. but at every level, dimensions of reality, one can choose to do good or evil, that choice will never go away... what is happening is fore sure satanist because 90% are completely unaware of this agenda, hence agenda 21.



If a human consciousness goes into a machine - transhuman, it won't need anything from the physical world. Machines can already make machines. If a machine breaks, a new one will be made to replace it. No real need to fix it. Just replace it. Recycle the dead one. The only thing that is really required is energy to run it all. And that can be manufactured and run by machines also. It won't need humans. They will be a threat.

[Glass]

the Swiss legalised heroin back in the 90's. Not sure if they ever repealed that or kept it. You could go get your junk from the government, fit packs supplied and a place to go shoot. Nice view overlooking the city of Bern. They do consider themselves ultra civilised and progressive compared to the rest of us.

As a contrast they refused to legalise marijuana. i'm guessing because it wasn't for the same reasons. Which suggests they were fairly pragmatic as well. Not sure if that is still the case.
ABC news (http://www.nbcnews.com/id/27987734/ns/world_news-europe/t/swiss-approve-pioneering-legal-heroin-program/)

Seems pragmatism wins.

Robot Activists... (http://gold-silver.us/forum/showthread.php?89431-%91Robot%92-activists-in-Switzerland-demand-guaranteed-income-for-all-humans&p=836503&viewfull=1#post836503)

ZeroHedge (http://www.zerohedge.com/news/2016-06-05/landslide-vote-swiss-reject-proposal-hand-out-free-money-everyone)

[Ponce]

I don't know to much about what is going on, but.......... the US was getting along just fine...before they came up with the idea of taxes for everyone........... back in 1933 when Hoover came up with the idea of property tax for all property it did not included "Private Property"...but.......people did not realize this so that everyone started to pay it......... "Private Property", according to congress, was tax free for ever........... and that's one reason why they say nothing when someone with it refuses to pay property tax.....they don't want to open Pandoras box.

V