[sanp]

I think UBI without regulations on pricing will result in inflation that will negate the benefits of UBI.

Regulating prices will have unintended consequences (outside of a specific set of goods).

Perhaps the Govt needs to take over the provisioning of these basics (production and distribution) and anything outside the basics will be market driven.

I know this has been tried in the past and has failed miserably. But, we now have better ways to track these things. So, maybe time to give it another try?

[perlgeek]

> I think UBI without regulations on pricing will result in inflation that will negate the benefits of UBI.

I believe that too, and that sounds like a market failure to me.

Shouldn't competition keep prices down?

I believe we need to investigate why that mechanism doesn't seem to work, and fix it; regulating prices can only be a very narrow and interim solution.

[HPsquared]

That's how it always goes with market interventions. They lean on the scales in one area which causes movement somewhere else, then try to lean on that too. Eventually end up in terrible contortions.