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Old 09-16-2020, 10:16 AM   #292
Lanny_McDonald
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Quote:
Originally Posted by Weitz View Post
How much does the cost of goods and services increase if a UBI is implemented and now everyone knows there are more people with a base amount of money?
It isn't taken into account in the "model," if there is such a thing. Market forces are not taken into consideration because the market is going to play nicely and not take advantage of this known variable. The idealism behind UBI is strong, in a Yoda sort of way.
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