What happens when you remove the velocity of money from the economy and replace it with companies that count on their employees receiving government assistance in order to be able to live? Are things actually cheaper for the average worker long term in our current scenario? Or is it a temporary affordability in exchange for a worse economic future? It seems like things still have to keep getting worse and worse to be financially viable in our current cycle (clothes are Kleenex quality like sci-fi books joked would be issued in a UBI future, enshitification is in everything).

When a system takes the money from the economy and delivers it to the capital class and foreign workers, what happens to that economy? We don't know. We're gambling it will somehow be ok. We are also losing the 50% of taxes that comes from individual workers, so add in losing that velocity of money vector going through the government as well.

It doesn't seem like a sustainable system, nor a cheaper system. Only a very risky short term gamble.