[jules]

If you give everyone a basic income, prices on certain goods will rise, but not nearly as much as to cancel the effect of the basic income. A basic income is just wealth redistribution from the rich to the poor. Relatively speaking the poor get a little richer and the rich get a little poorer.

If you give every person in Vietnam $1, then the poor people have a relatively higher percentage of all the money to spend than they had before. Hence the percentage of all goods and services going to the poor will also be a higher percentage of the total goods and services. This becomes even more apparent if you exaggerate the amount. What if you give all people on earth $1 trillion dollars? Now everyone is basically equally rich. Even though prices will rise massively, the total supply of goods and services going to the people who were previously poor increases a lot. (of course in practice such a massive basic income may completely destabilize a society)