869
Words matter.
You aren't writing an academic paper. Always use simple direct language.
- Help the poor
- Healthcare for everyone
- Good treatment at work.
Don't use complex words.
this post was submitted on 03 Jul 2025
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Hey, a UBI supporter! Just curious, how can UBI be implemented in a way that doesn't result in hyperinflation? If a society was to ration out food/shelter/necessities directly, I understand how that would work. But if it's done through the intermediary of money, what would prevent the economy from entering an arms race where the producers raise prices to adapt to the new purchasing power of the population, and the government raises the UBI to keep up with the rising prices?
Existing studies show little or no affect on inflation.
https://ubiadvocates.org/universal-basic-income-faq-all-about-ubi/ (#11)
So, "just handing out money" is a way to implement UBI without hyperinflation.
I don't know - and we're never going to find out, in the United States at least. I may support UBI but that doesn't mean it's not the biggest pipe dream in the history of pipe dreams.
A buyers market. Let competition drive down prices, or cooperation from people with UBI who don't need the profits.
That's for basic goods. It's good that other prices rise so that people are motivated to work.