> The thing I’ve never understood about UBI is how it wouldn’t immediately be counteracted by inflation. I think you are not wrong, but not completely right ei

> The thing I’ve never understood about UBI is how it wouldn’t immediately be counteracted by inflation. I think you are not wrong, but not completely right either! It's true that the income difference among people would not change, but the distribution would: homeless people begging on the street could afford something in a stable way, at last; people on minimum wage would double their income; medium class would see their disposable income increase; and rich people would not notice any difference. Sure, the purchasing power of the UBI sum would be reduced the moment the UBI is introduced, but still poor people would see their situation get better: the poorer, the "more better"! Furthermore, most of the money flowing to the poor people would be spent right away, boosting the economy, which is a very nice side effect. In the end, UBI would be a way to force the rich to take some of their money out of the vaults and spend it (1st benefit) for the poor (2nd benefit). The only problem lies in how much money you'd need to take from the rich to implement UBI in a meaningful way.