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A comment on Ask HN: Would a universal basic income lead to inflation?.

Re:Ask HN: Would a universal basic income lead to inflation? by jesterman81 on Thursday April 07, 2022 @08:57AM (#30943815)
Depends on implementation and what your definition of inflation means. If inflation means increase of money supply (printing and giving) and UBI uses that mechanism than Yes, I think inflation goes up. If UBI is implemented by a Tax than giving, then No because it is not an increase in the money supply. This does not mean prices will not fluctuate. Its a complex system after all and the altering flows will affect it.

If I save a dollar and tomorrow you print 10 more dollars out of thin air is my dollar worth the same amount?

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Re:Ask HN: Would a universal basic income lead to inflation? by sharemywin on Thursday April 07, 2022 @09:24AM (#30944097)
The problem is with taxes not all prices are equal. if the price of wheat doubles but the price of all the sports teams go down in prices by an equal amount. I wouldn't count as inflation but it sure would suck.
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