I love how there is no downside to a massive wealth transfer system. Look! No one will be a drug addict if we just redistribute more wealth! How wonderful! Don't worry about collapsing the system with more debt.
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It's not more debt, and there are downsides to basic income, but it's all relative. For example in India's UBI pilot, moneylenders hated basic income because they couldn't find anyone anymore to pay for loans at 1000% interest. Instead people used their UBI to pay down their debts and build savings.
So if you look at the evidence, debt goes down, not up with UBI.