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We would not be increasing everyone's income by the same factor. People with less money would see their income rise by a larger factor than people with more mon
by Chinjut 10y ago
We would not be increasing everyone's income by the same factor. People with less money would see their income rise by a larger factor than people with more money. Thus, for example, if you have $0 pre-BI and $X post-BI, with X > 0, there's no amount of inflation that will cancel out the fact that you've benefited.