No that's also what I'm talking about. If implemented, a UBI will subsidize every single market in the economy with federal dollars. For every dollar a consumer spends on any product, a portion of that money is directly from the government.
For a government to build and maintain a UBI program they will have to be able to predict where prices will be and how much money everyone needs or deserves to cover the basics. Assuming the country runs on a fiat currency and partskes in monetary policies meant to control the cost of money, a UBI adds another complex layer onto that puzzle making it even more challenging to predict and control markets.
Helpful, thanks. I'm happy to be proven wrong if you have anything worth sharing.
I'd be particularly interested how you would see a program on the scale of a UBI working sustainably if the government can't predict the outcomes. Or, alternstively, if you think the government can predivt the outcomes I'd be curious if you disagree with the OP author that a UBI can't be tested before a full rollout.
For a government to build and maintain a UBI program they will have to be able to predict where prices will be and how much money everyone needs or deserves to cover the basics. Assuming the country runs on a fiat currency and partskes in monetary policies meant to control the cost of money, a UBI adds another complex layer onto that puzzle making it even more challenging to predict and control markets.