Comment: Another good point is if we ended all the social and welfare

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Another good point is if we ended all the social and welfare

programs and instead just started giving everyone an unconditional basic security net instead,it would reduce inflation in areas where the government pays the bill(healthcare,housing,education etc.)Giving people control of how the money is spent is far better because when they have to pay their own bills they would start asking how much thing cost which is the key market force that causes price competition which drives down costs.It would be capitalism instead of fascism(What we have now).So even though the money would still come from wealth transfer it would be far better than what we have now.Also it could be easily implemented and funded just using the current social security system with a fraction of the administrative costs.Of course if we could get the control of the supply of money away from the banks,it would even be easier to do.
Instead of the bankers robbing us,we could be paying interest on loans to the treasury which could fund the basic income without any taxation whatsoever.