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Of course basic income on a small enough scale to avoid inflation improves recipients' wellbeing. That's not really in dispute. The challenge is whether or not
by forgot_again 6y ago
Of course basic income on a small enough scale to avoid inflation improves recipients' wellbeing. That's not really in dispute.
The challenge is whether or not it is possible to actually implement on a society wide scale without net negative or self nullifying side effects.
One self nullifying side effect: give everyone free money -> prices go up -> everyone is back to where they started.