4 ms·
To be truly effective, UBI needs to be directly linked to the basic costs of living, like food and rent. If those go up, so should UBI. Or as long as there is n
by mcv 5y ago
To be truly effective, UBI needs to be directly linked to the basic costs of living, like food and rent. If those go up, so should UBI. Or as long as there is no UBI, minimum wage should follow those costs.
- Dracophoenix 5y agoEither if those scenarios just create an inflationary spiral.
- mcv 5y agoNot at all. It's a popular claim, but there are many factors for inflation, and money in the hands of the poor is hardly the most important one. Countries with extreme poverty still have inflation. Countries with little poverty can have low inflation.