I don’t see how investors would not demand price raises in any retail company in a UBI market. Especially for inelastic demand goods. I think that’s why UBI is

I don’t see how investors would not demand price raises in any retail company in a UBI market. Especially for inelastic demand goods. I think that’s why UBI is dangerous. Because if anyone for some reason ceases to receive it after the prices have inflated, then they will be effectively removed from the economy. Forced into levels of poverty we haven’t seen in the Western world. Think about not being able to afford clothes. Someone should do a UBI trial in a restricted geographical area. Maybe a small town somewhere remote so people cannot easily leave it for shopping. I think most money would just be absorbed by companies through price hikes in the area, and they would be further disincentivised to pay their people fairly. Now the people won’t protest and riot if they are paid $0 on top of their basic income. I think people benefit from UBI a lot. But it is too easy for corporate greed to exploit. I just can’t imagine the fiduciary responsibility to shareholders not being used to deliver value in UBI markets. It seems naive to think that business, especially big corporations, will be okay with forgoing growth. They already crap on a ton of ethics, morals, and even basic long-term business sense to deliver quarterly growth. So I’m skeptical of UBI. I want it for the sake of humanity. But I can’t see it not being abused by corpo grift.