[_heimdall]

> We already have "Marx-style" price control and regulations in many sectors, specifically food production.

And our food quality in the US is garbage. We can't say if there is causation there since we can't compare against a baseline US food system without subsidies, but there is a correlation in timing between the increase in food subsidies and the decrease in quality.

> Opponents will constantly claim they will lead to massively increasing prices, but they never do.

The only times that really comes up is when an increase is proposed and the whole debate is over politicized. Claims on both sides at those times are going to be exaggerated.

Prices absolutely go up with minimum wage increases. How could they not? It'd be totally reasonable to argue the timeline that matters, prices aren't going to go up immediately. You could also argue the ratio, maybe wage is increased by 30% and prices are only expected to go up by 20%.

People earning a minimum wage almost certainly have pent up demand, they would buy more if they could afford it. Increasing their wages opens that door a bit, they will spend more which means demand, and prices, will go up in response.

[orangecat]

You could also argue the ratio, maybe wage is increased by 30% and prices are only expected to go up by 20%.

And the point is that the income percentage increase is higher for those with lower incomes. Even if prices go up by 20%, somebody making $20k/year who gets an additional $10k from UBI is going to be much better off.