None of that has anything to do with UBI and inflation. Even if you put "only" $700 more dollars in the hands of people then you increase the demand on the mar

None of that has anything to do with UBI and inflation. Even if you put "only" $700 more dollars in the hands of people then you increase the demand on the market by $700 per person. This will always have some inflationary force. It doesn't matter whether they buy TV's or bread. The real question is where does the money come from. If it is permanent and comes in lieu of existing spending from money already in circulation then the inflation should be minimal. If this is new money thrown into the money supply then we'll see significant inflation from it.