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by lakeshastina 1210 days ago
I believe the consuming beast needs to continually be fed, and this will be precisely one of the primary drivers of putting in a program similar to Universal Basic Income. Without this, the business impact will result in layoffs, etc which will need to be stemmed through such "stimulus" programs.

However, since this has become an ingrained habit, this cannot be a short term stimulus, and will need to be continued.

Inflation as a result cannot be ignored obviously, but I suspect this will be ignored, and will cause significant drops in people's standard of living, and create huge divide in the lifestyles of those who rely on UBI like programs, and those who do not.