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Rich people spend less relative to their wealth and income than poor people do. That means more people are going to be buying more things, increasing demand, w
by pmiller2 8y ago
Rich people spend less relative to their wealth and income than poor people do. That means more people are going to be buying more things, increasing demand, which... raises prices.
- modeless 8y agoSure, the same is true of anything that increases the incomes of poor people. There's no reason to believe that the price increase would cancel out the entire benefit of UBI.