It might also just inflate the cost of everything to the point where increases in rent, groceries, etc. eat up whatever money we distribute like that.
I mean, inflating away debts is certainly one way to reduce the associated pain, but inflation can also wipe out wages, so it’s a bit of a balance. We haven’t seen a permanent UBI scheme in a large enough way to know what might happen.
I mean, inflating away debts is certainly one way to reduce the associated pain, but inflation can also wipe out wages, so it’s a bit of a balance. We haven’t seen a permanent UBI scheme in a large enough way to know what might happen.