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Exactly... inflation with a UBI I think is not really a problem. Imagine 10% inflation and a $20K UBI. If you’re worth less than $200K, you come out ahead. It’s
by zhoujianfu 6y ago
Exactly... inflation with a UBI I think is not really a problem. Imagine 10% inflation and a $20K UBI. If you’re worth less than $200K, you come out ahead. It’s a very efficient (perhaps the most efficient?) means of flattening unequal wealth distribution (without distorting incentives).
The risk is perhaps a flight to an alternative currency without 10% inflation... but maybe the USD is in a fortunate position to withstand that.