[jlarsen]

If you want to get excited about UBI again , consider the opposite action:

Take the US, and instead of giving everyone in the country 10,000 USD/year in UBI, take 10,000 USD away: add a new 10,000 USD/year flat tax.

Do you still think all prices will re-stabilize, and everyone will end up _exactly_ the same as before? Or, isn't likely that taking 10,000 away from a poor man will hurt more than taking 10,000 away from a rich man?

So, intuitively, wouldn't giving every person in the US 10,000 USD help the poor more than the rich? Where's the evidence to suggest all of that money would immediately be swallowed up by cost inflation?

Of course, the effect in reality will be a little more complex, and hard to measure, but I'd argue that intuition suggests UBI, by nature, _has_ to help fight inequality, just like free education, free healthcare, nationalized insurance, and any other progressive services that give equal benefits to all citizens. The question isn't if we should try it, but how much should we give.

[DougN7]

Except this has already happened. The poor today have $10K more than they did 50-100 years ago. I don’t think inequality has improved. And prices have all gone up.

Until we have unlimited resources, resources will, by definition, be limited, and they’ll be distributed by some form of money/credits/whatever.