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There would probably be a little inflation from introducing a basic income, but we shouldn't expect it to put us back to square one, exactly. The re-distributiv
by drabiega 11y ago
There would probably be a little inflation from introducing a basic income, but we shouldn't expect it to put us back to square one, exactly. The re-distributive nature of a basic income will prevent some inflation, as will economies of scale. You would expect we would end up in a situation where production of expensive luxury goods decreases somewhat while lower end staples goes up.