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A comment on Stockton extends its monthly $500 UBI payment experiment. Parent comment

Re:Stockton extends its monthly $500 UBI payment experiment by bryanlarsen on Tuesday June 02, 2020 @04:55PM (#23396203)
Saying UBI is causing the inflation is disingenuous. It's the deficits that cause inflation. If UBI is fully paid for with new taxes, it won't cause inflation.
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Re:Stockton extends its monthly $500 UBI payment experiment by whatshisface on Tuesday June 02, 2020 @04:59PM (#23396254)
I think it would be fair to say that UBI causes inflation and to also say that taxation lowers inflation.
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Re:Stockton extends its monthly $500 UBI payment experiment by danans on Tuesday June 02, 2020 @05:14PM (#23396391)
Any government spending (whether for UBI or missile systems) not paid for with taxes increases inflation, but there are lots of countervailing forces that mitigate it, not just taxation, the largest factor perhaps being downward wage pressure on workers.
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