Quote:
Originally Posted by afc wimbledon
How do you account for the basic inflationary effect of giving everyone a grand? everything the people you are trying to help buys would go up in price to absorb it in a week, especially accomadation, shysty landlords would be jacking up the cost of a slum the day it went into effect.
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This is one of the most common and most off-base criticisms of UBI. The short answer is that what you think would happen would not actually happen to any significant extent. It's not like they're printing a bunch of new money.
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