Re:12-year study will look at effects of universal basic income
by _rpd on Monday May 07, 2018 @12:52PM
(#17014250)
I think this conflates monetary inflation with cost inflation. A universal one time increase in income will likely be absorbed by an increase in the cost of housing unless there is a mass migration from urban to rural areas.
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Re:12-year study will look at effects of universal basic income
by Retric on Monday May 07, 2018 @01:13PM
(#17014471)
UBI is not a universal increase in income.
Moving money from group A to group B means group A has less money. So housing prices might shift with some price decreases largely offsetting price increases in other areas.
Inflation is a different effect where there is a net price increase.