Part 2/14:
At the core of this paradigm shift lies Universal Basic Income (UBI)—a set of recurring payments to all citizens. The presenter emphasizes that UBI can be administered at the city, county, state, or federal level, with the potential for municipal experiments in wealthier regions, and even discussions about a global UBI—though skepticism remains about its feasibility on that scale. The spectrum of UBI amounts ranges from a few hundred dollars to a few thousand per month, serving as an immediate, scalable tool to inject demand and provide economic security.