Please believe that I have nothing against a UBI. It would be better than 'what is'.

I also understand completely the reaction you will be likely to have to this Response. Yet, if a better alternative exists, shouldn't everyone who is in favor of a UBI switch to that idea — for all the same reasons?

The better idea to which I refer is a DDI: "democratically distributed income." It is a better idea because it would do more good for society, more simply, more certainly. The existing economy would become self-regulating, with no unemployment or poverty. (An option would exist to pay one parent to work in the home, but with or without that option there would be no unemployment or poverty.) Government (at all levels, from local to central) would be funded at the current per capita rate of total government spending without taxes or public debt. Sustainability would be systemically increased (because total output would be governed, passively but effectively, by demographics). There would still be no limit on income/wealth.

Those outcomes are absolutely, positively guaranteed. They are built into the structure of a single change to the existing monetary system: a different way of supplying the economy with money: the DDI. Its amount would be based on the current median income (so in the U.S., say, $15/hr.; $600/wk.). It would be paid to eligible citizens, including retirees and adults willing but unable to work, and would become the minimum pay for anyone employed in any business or government.

The money for that income (and the money to fund government) would be created as needed. Its total would be the supply of money (as currency) for the economy.

To prevent inflation money would have to be returned to its point of origin (which could be the existing central bank or a newly created Monetary Agency). However, individuals and businesses would retain plenty of money (based on income) and no money would be collected from any person or business before it could be used for purchases or investment.

"A Truly Great Idea" in Data Driven Investor here in Medium