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Inflation won’t cancel out UBI because there are many people on this earth who spend more than UBI today. In other words, the money spent every month in the US
by konschubert 5y ago
Inflation won’t cancel out UBI because there are many people on this earth who spend more than UBI today.
In other words, the money spent every month in the US economy is much more than the money UBI would add.
It’s true that there would be inflation but it would not cancel the full effect.