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Comment by Simulacra

No, universal base income doesn't work. It doesn't count for extra money in the system. If everyone's getting an extra $500 a month, businesses and everyone else are gonna raise their prices by $500. And you can't stop that without dictatorial control over the market. Additional income helps, but if everyone's getting the same thing, it's just a stimulus checks all over again, which led to inflation. UBI doesn't work at all.
parent Simulacra 19 days ago

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