Your argument against UBI is similar to the argument against raising minimum wage, saying that any gains will instantly lost due to inflation. The problem with

Your argument against UBI is similar to the argument against raising minimum wage, saying that any gains will instantly lost due to inflation. The problem with this is that it is false[1]. Also, inflation adjusted, minimum wage was actually higher in the 60s, meaning the lower class had greater purchasing power. I see no reason why this would differ with UBI. [1] https://medium.com/@discomfiting/debunking-if-you-raise-the-minimum-wage-it-will-cause-inflation-c0db32f579f8 https://medium.com/@discomfiting/debunking-if-you-raise-the-...