Inflation is a scalar measure of a vector valued phenomena. It is usually scalarized using a basket of goods. The impact on the basket of goods people will buy

Inflation is a scalar measure of a vector valued phenomena. It is usually scalarized using a basket of goods. The impact on the basket of goods people will buy if there is a basic income is hard to model and will likely be bigger then whatever monetary effects an UBI causes. Here are some random predictions anyway: Subpar food prices will fall until that industry dies. Value items will become more expensive until the demands of everyone being able to afford them is satisfied. Prices for luxury goods will fall, some luxury industries might die. Automation will become more prevalent and cheaper. Car and gas prices will fall as people are less reliant to drive to far away work places. Consumer electronic prices will rise for entertainment related things and fall for things like dish washers. Culture will become cheaper. Land value will fall while houses become more expensive.