3 ms·
One of my concerns about UBI is that it would just cause inflation to raise prices precisely high enough to cancel the effect of UBI. You see this on a more li
by api 2y ago
One of my concerns about UBI is that it would just cause inflation to raise prices precisely high enough to cancel the effect of UBI.
You see this on a more limited scale when we do other things that subsidize demand. Give people assistance with home buying? House prices go up. Make college loans cheap and easy to get? Tuition costs go crazy.