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rxtexit | 8 months ago

How can you not see that if everyone gets X amount of UBI, the cost of everything goes up until you can no longer live on X.

It is such basic economics I just can't believe we even have these debates.

It is something I would have thought of when I lived with my parents as a clueless teenager.

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olalonde|8 months ago

That's not how it works - inflation is a function of money supply, not of how it is distributed. Do you consider Milton Friedman a "clueless teenager"? I admire your self-assurance by the way...