Finland plans to give every citizen a basic income of 800 euros a month

**JayRodney** · 12-07-2015, 04:24 AM

(12-07-2015, 03:06 AM)Cynicalabsurdance Wrote: the best one is " People KNOW for a fact that the Government is corrupt
and they still give it money "

The difference between governments and Mafia is one of them is organized.

**bohica** · 12-07-2015, 04:39 AM

I cannot see how this won't raise the prices of basic necessities.

Is there a "grey-economy" in Finland? By that I mean cash-businesses, garage-sales, second-hand stores etc?

Will this "money' be in the form of a debit-like card, where no change is given?

Looks like the first step towards a "cashless" society, where everything is monitored.

**JayRodney** · 12-07-2015, 05:15 AM

(12-07-2015, 04:39 AM)bohica Wrote: I cannot see how this won't raise the prices of basic necessities.

Is there a "grey-economy" in Finland? By that I mean cash-businesses, garage-sales, second-hand stores etc?

Will this "money' be in the form of a debit-like card, where no change is given?

Looks like the first step towards a "cashless" society, where everything is monitored.

There's a huge a "grey-economy" in Finland. Plenty of second hand stores, people sell their own stuff on findit.fi - it's like an internet garage sale, if you already own it, and someone else buys it, there's no tax on either party.
And nope there's no EBT card system. That's a US ho ho. Everyone here has a free bank account and a VISA debit card by default, both the employed and unemployed.
You can easily get cash with your debit card.
Finland doesn't spend trillions a year fight a never ending war against enemies that don't really exist, so there are no homeless people, and college is free. In fact, you get paid to go to school.
Prices are much lower here on food than in the US, and no GMO anything.

**bohica** · 12-07-2015, 06:09 AM

OK, sounds pretty fair.

12-07-2015, 09:44 AM

(12-07-2015, 04:24 AM)JayRodney Wrote:
(12-07-2015, 03:06 AM)Cynicalabsurdance Wrote: the best one is " People KNOW for a fact that the Government is corrupt
and they still give it money "

The difference between governments and Mafia is one of them is organized.

Even the mafia leave some things alone.

**JayRodney** · 12-07-2015, 10:33 AM

**Ruby Wolf** · 12-07-2015, 03:49 PM

How many American $ does that equal?

**JayRodney** · 12-07-2015, 04:21 PM

865.16

It's not very much.

**Kreeper** · 12-07-2015, 04:55 PM

(12-07-2015, 04:21 PM)JayRodney Wrote: 865.16 It's not very much.

I'd take it.

So, does EVERY Fin get the money or are there income limits?

**Octo** · 12-07-2015, 05:26 PM

Every adult Finn would get it regardless of income.

**DaJavoo** · 12-09-2015, 11:43 AM

(12-07-2015, 03:49 PM)WykdWych Wrote: How many American $ does that equal?

In addition to YouTube, there are currency converters on the internet.

The Euro presently is nearly 110% of the greenback.

As of this post 800 Euros is equal to $873.78

I suspect it would pay a few of anyone's bills.

**JayRodney** · 12-09-2015, 11:52 AM

Indeed... but if it sounds too good to be true... ya' know?
With our luck it will come in just at the time the Euro = 1 Indian Rupee

**UniqueStranger** · 12-09-2015, 06:52 PM

I am curious what the monthly rental amounts are, and what do utilities and food cost per month for say a family of three?

$800 x 2 adults = $1600/month
Plus welfare?
Any subsidy for the one child?

**Accidental Stoner** · 12-09-2015, 07:13 PM

My downtown Cell is 21 sq mtrs,
costs me 335€ / month.

**Octo** · 12-09-2015, 07:20 PM

Rent totally depends on where you live. In Helsinki it's quite expensive while we live in a small town with exceptionally low rent. With utilities like electricity, water and internet included we pay less than €500 a month. Food is reasonable, but we do spend some time browsing for good deals, I'd say we spend some 200 a month on food. Sometimes more, sometimes less. But that's without kids of course so I guess you'd have to increase that sum with maybe 70% for a kid. Dunno, I didn't calculate, just estimate.

And with this basic income there wouldn't really be any welfare. Not sure if there would be any child benefits anymore either, right now that runs at about 100 euros per month for 1 kid.