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I suggest you read https://medium.com/basic-income/wouldnt-unconditional-basic-income-just-cause-massive-inflation-fe71d69f15e7 https://medium.com/basic-income/

I suggest you read https://medium.com/basic-income/wouldnt-unconditional-basic-income-just-cause-massive-inflation-fe71d69f15e7 https://medium.com/basic-income/wouldnt-unconditional-basic-... TLDR: there are many, many tests and experiments which show this not to be the case, because UBI is about circulating money, not creating new money. Redistributing money from all tax payers evenly across all citizens does not cause inflation. It just stops poverty.

tharmas 3y ago
One advantage of UBI is govts can streamline their social services division, as in eliminate them entirely. No means-testing and administration equals less bureaucrats needed to manage the money. You simply distribute it to ALL citizens regardless. Less pension obligations too. So in a sense UBI pays for itself. This why when they had a pilot project in Finland, govt workers were opposed to it. They saw the writing on the wall that they would be redundant.