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Key Variables That Determine UBI's Inflationary Impact (scottsantens.com)
9 points by 2noame 326 days ago
2 comments

Many of the variables listed (money supply growth, banking dynamics, government deficits, and velocity) depend on confidence in the underlying fiat currency.
The key variable #1 to me is all these experiments are basically bullshit from a complex systems standpoint until we involve everyone, hence the U in "universal".

From a complex systems standpoint, it seems incredible intellectually dishonest to run an experiment in an isolated locality. Essentially, a hand wave of scaling the properties of specific and isolated local income to "universal".