The concept of a guaranteed basic income is new to me and it's growing on me. One immediate concern that comes up is this: if everyone is getting paid a certain amount to meet basic needs, wouldn't that drive the prices of basic goods up to the point where that basic income was no longer enough to meet those needs? I'm sure this has been asked before, so what is the best article to read to address that objection?
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That's possibly the most frequently asked question of all, which is why I wrote this one to answer it in great detail.
https://medium.com/basic-income/wouldnt-unconditional-basic-income-just-cause-massive-inflation-fe71d69f15e7