4 ms·
As the author of OP's link, you may be interested in reading what I've written about this question as well, this idea of inflation eroding everything, or what I
by 2noame 12y ago
As the author of OP's link, you may be interested in reading what I've written about this question as well, this idea of inflation eroding everything, or what I call "The New Zero Argument":
https://medium.com/basic-income/wouldnt-unconditional-basic-income-just-cause-massive-inflation-fe71d69f15e7 https://medium.com/basic-income/wouldnt-unconditional-basic-...
Yes, it's not a printing of new money, but a transfer of existing income towards an economically and socially healthier distribution less tilted towards the incredible extremes we have now.