[bryanlarsen]

Mr Rich will have $9M because his taxes would have gone up by $2M/year to pay for the program.

And the cheeseburgers are still the same price. Mr. Poor was buying cheeseburgers before he got BI and he's still buying cheeseburgers; neither supply nor demand has changed. Mr. Rich bought caviar before and after.

If McDonald's gets greedy and raises its prices because it thinks it can, Burger King is still making money selling at $5.

[psadauskas]

Except McDonald's can't find any workers that are willing to work for $8.15/hr any more. I think prices of most things will go up, not because of inflation, but because you have to pay more for the people to serve them. On the other hand, customer service will probably go up, because nobody is there any more because they have to.