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I think this conflates monetary inflation with cost inflation. A universal one time increase in income will likely be absorbed by an increase in the cost of ho
by _rpd 8y ago
I think this conflates monetary inflation with cost inflation. A universal one time increase in income will likely be absorbed by an increase in the cost of housing unless there is a mass migration from urban to rural areas.
- Retric 8y agoUBI is not a universal increase in income. Moving money from group A to group B means group A has less money. So housing prices might shift with some price decreases largely offsetting price increases in other areas. Inflation is a different effect where there is a net price increase.