I expect prices to change in order to reflect the new system, but I think people's "sky is falling" concerns about the price of consumer goods shooting up is wa

I expect prices to change in order to reflect the new system, but I think people's "sky is falling" concerns about the price of consumer goods shooting up is way off base and sensationalist. UBI alone simply won't provide enough discretionary income to cause sharp increases in demand of goods. Not to mention, the type of goods that a basic income affords are those that are already scaled out and are easily scaled out - ramping up supply would happen relatively quickly in the unlikely scenario that demand for these goods does go up drastically. As I've repeatedly said in other comments, I believe demand for these simple goods will stay relatively flat since they are such fundamental necessities people are already consuming them and won't necessarily increase demand significantly (UBI won't cause demand for toilet paper to go up significantly).