> The monetary system is pretty well understood. Basic income just becomes another input for money to enter the system.
I'm no fan of basic income however basic income comes from tax. This is redistributive, but not expansionary.
You say it's well understood but you seem to think that central bank issued currency is the cause of inflation. Most "money" is created as credit from private banks (against land).
Again, basic income is not creating money. Read up on money creation, you will be surprised and then perhaps see how you are being fooled on much of how your entire world works with regard to democracy.
I'm no fan of basic income however basic income comes from tax. This is redistributive, but not expansionary.
You say it's well understood but you seem to think that central bank issued currency is the cause of inflation. Most "money" is created as credit from private banks (against land).
Again, basic income is not creating money. Read up on money creation, you will be surprised and then perhaps see how you are being fooled on much of how your entire world works with regard to democracy.