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Won't the basic income drive prices up to the point where you need to work anyway?
by norswap 13y ago
Won't the basic income drive prices up to the point where you need to work anyway?
- babby 13y agoNot necessarily. People will only, for example, buy luxury items that are affordable - laptops, nice clothes etc. So, if most of the population which are sustained mostly on this form of base income cant afford said items, corporations theoretically wont be able to offload their products, products for which if you consider automation trends, the cost of producing should go down even further. No idea if this is sustainable.
- nawitus 13y agoNo(t necessarily). Basic income can be cost neutral. One such cost neutral model was proposed in Finland, so there's no inflation.