Quote from: RE on May 04, 2024, 11:55 AMAs I recall, the last time we went over this, the math didn't work out.  Not going over that again.  When I start getting rich collecting credits since I don't fly or drive, I will let you know.

RE

You have issues with math.  What do you mean you don't get it.  Oil comes out of the ground and people get the payments.  There is very little to understand.  Your comment tells me you do not understand the concept and have not had the ahh-ha moment yet.  Perhaps this will help.  I will take the fee to an absurd level so you see what would happen.  It is about the math.

Thought experiment.

We put a fee and dividend so high that $5 gas now costs $105 a gallon.  You, Mr. Average Joe have to get to work and your tank is on empty.  You are running on fumes.  Can you roll down the hill to the gas station and fill up?  (I have done this.) You look at your UBI card where digital ink shows you have $2063.14 on your account.  It was updated the last time you used your card.

No problemo.  You Mr. Average Joe can pay for $105 dollar gas because the money is on your card.  But with only $2083.14 on your card you better not buy more than 19 gallons or you are going to have to come up with the extra cash.  Come up with the extra cash just like a billionaire flying his hover car has to do.  Not to worry though, the pump stops when the card limit is reached.  If you want more gas you have to transfer some of your own funds onto the card.  Or use another card.  By the time you need more gas, more money will be posted on your UBI card.  Note this, at an absurd level Fee and Dividend actually works, but everything is wonky.

At $105 a gallon you will not be transferring money onto your card.  But use less gas than average and there will soon be enough money on your card to take a road trip to Vegas from Anchorage if that trips your trigger.  All you have to do is use less gas than average for a few months.

Being as you are an average joe working in fast food, you will not be using more than an average amount of gas because you don't have the money.  Unless your lotto number comes in you will not be adding money to your own card.  As you do not drive much, nothing in your lifestyle has to change.  You can forget that if you use a park and ride you will be building a balance on your card and not simply saving money on gas.  You can forget that if you use a gallon less a week you can put $100 in your pocket besides keeping the $5 you did not spend.  Forget all about the free money.  Don't think of it.

About that night and day difference.  With carbon credits you don't even get a card.  Nuff said.

If you want to make it totally personal, you live in assisted living and do not need to drive at all.  With a Fee and Dividend set absurdly high you would rapidly move into a six or seven figure asset range.  Consider what it would do to Mr.  Average Joe.  But as you do not drive now, you do not have to do jack to put yourself in the sweet spot.  The rest of us have to think on it.  All you do is transfer your card balance into your bank account once a month while the rest of us figure out how to get on the same page.


Sleep on it tonight, in the morning you will begin to see the light.

* An instant absurd level of Fee and Dividend would change the game so quickly that rich people of all stripes would shut Fee and Dividend down.  Like yesterday they would.  But the absurd level lets you see how it works.

** In reality a citizens assembly starts things out with fifty dollars on a ton equivalent of carbon.  As society adapts, Fee and Dividend moves to a level that makes the adaptation comfortable for everyone but kings and billionaires, who must now content themselves with only having the best of everything.  A citizens assembly controls the program, not politicians.

*** If you already have a low carbon lifestyle you will make bank while everyone else catches up.  When they do catch up, then we are all living in the world we want to live in.  How much would that suck?