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That first paragraph is a hell of whipsaw. It's not inflationary, you need to prove it is inflationary, and even if it is inflationary it doesn't matter. UBI a
by Traster 7y ago
That first paragraph is a hell of whipsaw. It's not inflationary, you need to prove it is inflationary, and even if it is inflationary it doesn't matter.
UBI as a policy is trivially putting lots of money into circulation, so it's not unreasonable for people to be worried that would be inflationary.
Venezuela is a great example of the problems of inflation, which is a big concern with UBI as a policy, that's what it has to do with UBI.
- rapind 7y agoSeems pretty similar to a tax break though no? I think UBI and taxes need to be intertwined. I could get behind UBI if coupled with a flat tax as a simpler system than progressive taxation (that has the same effect, but without all the loopholes).