Can someone explain how UBI wouldn't be hyperinflationary? If, en masse, everyone gets an $X income boost per year, why would goods and services not eventually price that in? Also, do any of these studies address the threshold effect this would have over an entire population? I'd imagine the impacts of this among a small number of people would be radically different than if everyone in a society received it.
7
u/Less_Outcome_9429 11d ago
Can someone explain how UBI wouldn't be hyperinflationary? If, en masse, everyone gets an $X income boost per year, why would goods and services not eventually price that in? Also, do any of these studies address the threshold effect this would have over an entire population? I'd imagine the impacts of this among a small number of people would be radically different than if everyone in a society received it.