UBI needs to be tied to an index related to the cost of living, which will result in compounding inflation (which can be a good thing, but that’s an economics argument not worth exploring). As a solution, it won’t fix anything by itself. We also need reforms like restrictions on corporate ownership of residential property, interest rate and banking restrictions, trading reform, and a progressive tax code that makes tax dodgers pay.
UBI needs to be tied to an index related to the cost of living, which will result in compounding inflation (which can be a good thing, but that’s an economics argument not worth exploring). As a solution, it won’t fix anything by itself. We also need reforms like restrictions on corporate ownership of residential property, interest rate and banking restrictions, trading reform, and a progressive tax code that makes tax dodgers pay.