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> in the long run, I think it will just create inflation Not if the basic-income is funded by taxes or other such sources. In which case all you're effectively
by whack 8y ago
> in the long run, I think it will just create inflation
Not if the basic-income is funded by taxes or other such sources. In which case all you're effectively doing is taking money (ie, resources) from the upper-class and redistributing it to the middle class. This is the exact same principle behind progressive taxation, as opposed to a flat tax.