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But if the extra $150/mo were never removed and the inflationary pressure never let up, I would expect it to become noticeable eventually, and UBI would exert e
by lolinder 3y ago
But if the extra $150/mo were never removed and the inflationary pressure never let up, I would expect it to become noticeable eventually, and UBI would exert even more inflationary pressure than pandemic-era stimulus/welfare.
When inflation does catch up to the UBI, do you just keep raising the UBI forever and ever? How does that not turn into hyperinflation?
- JieJie 3y agoI'm working on a business degree to try to get back into the economy myself, so when I find out the answer to your questions, I'll let you know. I suspect the answer is very complicated and difficult to implement, but there is sufficient worldwide desire for some outcome that both supports the poor and disabled while not over-encumbering the rest of society in supporting us.