[notpushkin]

> A universal basic income, that is an income which is _universal_ and _fixed_ in its amount, will only create inflation: everyone gets equal additional money, everyone gets additional purchasing power, everyone creates more demand, prices go up.

Not really, it will also redistribute wealth.

Let's say I have $1000 and you have $100. If we get additional $100 each, your purchasing power would now be 2/11 of mine instead of 1/10, even with prices adjusted for inflation.

I'm not advocating for UBI though – stronger economy is the more sustainable solution here.

[KetoManx64]

And then you as a business owner charge $10 more for the items you sell at your store in order to offdet the fact that the government is forcefully taking momey from you to distribute it.

Do you really see it going another way? Taking money from people through force just distributes it back to the people that get the handouts.. eg. Inflation.

[notpushkin]

Yeah, that's why I'm against it, too. Bad incentives all the way.