Re:Moving Forward on Basic Income
by xienze on Tuesday May 31, 2016 @07:56PM
(#11811203)
Not just tie it to inflation, but to location as well. After all, it wouldn't be fair for someone on BI to not be able to live in Manhattan or San Francisco.
[ Parent
| on HN ]
> Not just tie it to inflation, but to location as well.
If it happens, I hope they do both, since the location adjustments will be even more rapid than the generic inflation adjustments, and it is possible that hyperinflation would just destroy the highest cost cities, rather than the entire US, before the program is scrapped.