[glennsl]

I've heard this argument several times before, but I've never understood the reasoning behind it. No matter how you look at it, a basic income is redistribution of wealth. If we finance a basic income by just printing money, then yes it would be inflationary, and the value of the basic income, along with the currency as a whole, would depreciate. But it certainly wouldn't be eliminated, and wealth would have been redistributed.

Printing money isn't the only way to finance a basic income, however. A much more sane approach is through effectivization, by eliminating bullshit jobs and (most) existing means-tested benefits, as well as increased taxation. There's nothing inflationary about this approach.