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um thanks folks uh for being here and a very warm welcome uh to this evenings basic income conversation paying for basic income and were going to be talking about monetary financing and sovereign money so if youre here for that youre in the right place my name is michael im the director and co-founder of the basic income conversation and i am helping to host this evenings event um thank you everybody for joining us this evening and for those watching back on youtube uh we are recording this evening and so youll be able to listen back afterwards so very warm welcome to you too and thank you and tonight you are joining our third and final event of our summer series of basic income research events hosted by us the basic income conversation and we are a new initiative supported by the think tank compass that brings together researchers politicians activists and civil society to promote the idea of basic income in the uk we have three strands of work at the basic income conversation