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2023-12-27 14:51:54
Universal Basic Income does not cause inflation. UBI is no more or less inflationary than anything else that raises incomes - its impact would depend on whether the economy is at full employment, whether taxes are raised to pay for the scheme and various other factors. [Link]
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2023-12-27 16:20:46
Post is from a leading economist based on his opinion based on his expert economic analysis. Proposed CN is a competing opinion & belongs in the replies. There are two competing economic theories that drive different perspectives on how government spending impacts inflation. [Link]
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2023-12-27 16:32:51
A peer-reviewed systematic review of basic income programs and pilots found no significant negative impact on employment. [Link] The first results of a large UBI trial in Kenya found increased employment and no inflation despite a 15% increase in the money supply of UBI villages. [Link]
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2023-12-27 16:38:20
NNN massive public spending is inflationary and paying people not to work destroys the economy, covid proved this.
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2023-12-27 16:41:54
NNN - Note not needed This is obviously Personal opinion *Above notes should be comments not community notes
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2023-12-27 18:43:18
Referring to individuals as lazy can be considered prejudicial. In the context of pilots, there is evidence indicating a rise in employment. [Link] [Link] results of pilot programs [Link] find out what is UBI Basic Income [Link]
NEEDS_MORE_RATINGS(5-0-12)
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