Well many do not recognize that taxes are a mechanism for controlling inflation, so this point was not targeted at you, obviously. I suppose that my previous c

Well many do not recognize that taxes are a mechanism for controlling inflation, so this point was not targeted at you, obviously. I suppose that my previous comment's wording could be construed as assuming we couldexist in a post-scarcity economy. That was not intentional. However, universal basic income does not require a post-scarcity framework to be workable, and the claim that universal basic income will cause inflation to 'spiral out of control' is left unsupported. Money is currently created out of nothing through the banking system, and the FED controls inflation just fine through various mechanisms e.g. setting interest rates. Basic income proposals can have similar inflation controlling mechanisms e.g. tie payouts to inflation rate or changes in tax rate. In any case inflatuon caused by basic income could be offset by increasing the fed interest rate which is currently near zero.