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> Actually, I never said 1:1 ratio with UBI. I just claimed the labor markets would decrease and monetary supply would increase. But that is what you said: >
by jhall1468 11y ago
> Actually, I never said 1:1 ratio with UBI. I just claimed the labor markets would decrease and monetary supply would increase.
But that is what you said:
> In effect, nobody gets paid more because everybody gets paid more, which drives up prices, which is the definition of inflation.
Emphasis is mine. That's a pretty clear indication that they will entirely offset each other.