[PaulRobinson]

The point of Universal Basic Income, is in part, to give people more choice in terms of employment. Some people choose to live in NYC or San Francisco, but many do so because that's where the work is. With Basic Income, well, perhaps a job paying a little less a little further away will help.

It's not clear that this will be enough to offset inflation, but the truly excellent Basic Income subreddit FAQs [1] addresses inflation specifically, and in essence there has been little to no evidence of it in practice.

I personally have always been a fan of Henry George who not just advocated an LVT, but suggested that this should be the only tax - all other taxes were unfair. I realise I am in a minority and some taxes can help with social/healthcare issues (e.g. on tobacco and alcohol).

That said, UBI with a rigorous LVT would be my ideal. Alas, voters utterly despise both, at least in the UK, so it's unlikely we'll see either any time soon.

[1] https://www.reddit.com/r/basicincome/wiki/index