[AndrewUnmuted]

> An increase in the money supply is the only thing pretty much guaranteed to increase inflation.

An increase in the money supply _is_ inflation - the very definition of it.

> BI will definitely have localized effects on prices.

Yes, I said this in my OP. It will lead to increases in prices for consumer goods in particular, as opposed to other goods. If every consumer has $X,000 dollars to work with that they didn't have before, then demand for consumer goods is going to rise, leading to lower inventory and therefore, higher prices.

[bryanlarsen]

But without top-level inflation, there is going to be a definite cap on that effect.

And it's not every consumer that has $X,000 more. It's only the poor consumers. The middle class has their BI taxed back. And the poor are a very small portion of the economy.