A Week in the Life of a McDonald’s Cashier

Re:A Week in the Life of a McDonald’s Cashier by matz1 on Thursday December 05, 2019 @04:09PM (#21716536)

>If you're poor and don't take the $1000, you are the same and everyone else is $1000 richer. This makes you effectively $1000 poorer

$1000 poorer relative to other person but not actually poorer in terms of my purchasing power.

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Re:A Week in the Life of a McDonald’s Cashier by jonnycoder on Thursday December 05, 2019 @04:21PM (#21716681)

What do you think purchasing power for common goods will do once millions of people are on UBI? My bet is that prices will go up.

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Re:A Week in the Life of a McDonald’s Cashier by matz1 on Thursday December 05, 2019 @04:27PM (#21716756)

Could be stay the same or even go down. Producer still have to compete with each other and they even might lower their price to entice buyer to spend their UBI.

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Re:A Week in the Life of a McDonald’s Cashier by cameronbrown on Thursday December 05, 2019 @06:47PM (#21717941)

I doubt it.

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