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Free cheese for Swiss? Hundreds sign up to get $2,500 a month under basic income trial

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    NewsBot#1 on 13 Sep 2018, 12.00 am
    Some 600 people have enrolled in a private basic income experiment in Switzerland, less than a week after it was announced. The trial apparently aims to find out what the citizens are going to do if granted over $2,500 monthly. Some 590 people in the Swiss town of Rheinau have reportedly agreed to receive a monthly universal basic income (UBI) of 2,500 francs ($2,570) for a year. The practical experiment needs 650 participants – half the population of Rheinau – before it can go ahead. Source link: