If prices will go up, some of the UBI receivers might want to capture that price increase by launching new businesses.
I think more serious threat comes from existence of global market. It means, the local supply does not need to react to local increase in demand but people elsewhere can capture that demand by shipping cheaper goods.
To make UBI work you possibly need to become an island or already have huge exports to offset whatever your population might be interested in buying from other countries.
This is not a fact/experiment based, it's merely a hypothesis.
I think more serious threat comes from existence of global market. It means, the local supply does not need to react to local increase in demand but people elsewhere can capture that demand by shipping cheaper goods.
To make UBI work you possibly need to become an island or already have huge exports to offset whatever your population might be interested in buying from other countries.
This is not a fact/experiment based, it's merely a hypothesis.