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Re:A decentralised Universal Basic Income platform based on ... by gnarbarian on Monday December 11, 2017 @03:50PM (#15900318)
It also hugely depends on the competitiveness of the market in question. Corn is not likely to go up in price but your internet bill probably will.
Re:A decentralised Universal Basic Income platform based on ... by SubiculumCode on Monday December 11, 2017 @04:33PM (#15900673)
Indeed. One of the issues with the modern economy is LACK of competition. There is significant declines in competitiveness across industries (e.g., https://www3.nd.edu/~wbrooks/BKL_merged.pdf). For UBI to not result in increased prices, and to be effective, we must also solve issues related to monopolization and price fixing of markets.