2 ms·
It is not that simple. Often increased demand can lower prices. Economies of scale and all that. For example if you cut total airline passengers to 10% of curre
by johngalt 10y ago
It is not that simple. Often increased demand can lower prices. Economies of scale and all that. For example if you cut total airline passengers to 10% of current numbers, over time prices would stabilize at a much higher level for an individual ticket.
I would imagine that the 'bottom' of the market would grow significantly. As businesses targetted UBI recipients. UBI communities established in cheaplandville, midwesternstate.
Not to say that there wouldn't be unproductive market distortions. Primarily people leaving the workforce to live on basic. Who chooses to work pest control when the alternative is basic?
It would also further stratify the rich/poor divide.