UBI vs Inflation: Can Inflation Ruin Basic Income?
from Talk Anything Hosted by John
Universal Basic Income (UBI) could cause inflation!!! Or can it? Mr. John talks about the ways inflation might be a threat to UBI. **Spoiler alert** It isn't. UBI is an economic model where everyone gets paid some level of income from the government, no matter what.This is, of course, a topic with some controversy. So let's start addressing that, shall we? As always, let me know if you have counter arguments or can prove me wrong. 0:00 The start... in case you didn't know 1:20 Inflation isn't bad 5:50 - Fed controls inflation 7:40 - Supply and demand 11:55 - UBI shifts economic flow (not dilute it) 13:40 - Will property values go up? 18:55 - tl;dw / summary
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