California's guaranteed income plan is the death knell for the dollar

Strong stagflationary forces are hurting the lower classes and so California is about to pass into law a state funded guaranteed income program.  Well if I can eat and have a roof AND have my leisure time to myself then why would I not want that?  And so more and more deadbeats will be supported by the state off the backs of the other taxpayers there.  Oh sure there will be means tests, etc. but the bar will be lowered and lowered until most people are living hand to mouth from the state.  And then the state will finally lose the ability to feed them so it will create it own fake money apart from the dollar, but that won't last very long.  At some point there will be mass starvation among the poor because that's what the policies are designed to achieve.  Hungry people do as they are told.

I can already tell you what will happen to the middle class there: condominium economics.  As the smart people flee the liberal shithole, those left will just get a bigger and bigger bill.   The workers are outnumbered by the loser deadbeats and so they too will have no choice at some point but to flee.

Smart ones can see the writing on the wall and are getting out now while they can still sell their homes for a lot of money.  But as too many leave and no new fools move there, housing prices will first droop, and then collapse.  Economically ignorant people will never see it coming but I am telling you it is a certainty.  Since I have so right about so many other things leading to where we are today, I would not bet against me on this.  Like any Ponzi, it will seem OK until it doesn't and then boy won't it.  Cally has got to go into complete collapse before there is any chance at long term recovery.  It is literally infested with liberals now.  Bye bye Cally.