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A comment on The first results from the biggest basic income experiment. Parent comment

Re:The first results from the biggest basic income experiment by jnwatson on Sunday December 03, 2023 @12:36PM (#38508901)
We already had a natural experiment for it over COVID. Rent didn't immediately go up. The price of everything went up sure to inflation.

The Fed understands this. As soon as the checks start flowing, interest rates will rise to keep money supply flat.

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Re:The first results from the biggest basic income experiment by ethanbond on Sunday December 03, 2023 @12:56PM (#38509122)
It’s not that great of a natural experiment given all the other dynamics of inflow/outflow from cities, money supply changes, and eviction moratoriums.

Rent is higher than pre-COVID basically everywhere and they continue to rise faster than inflation so I’m not sure what this “experiment” shows.

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