alt Hacker NewsThis is kind of like social security, medicare or the 5 day work week, if everyone suddenly had $x more disposable income per year? Landlords and grocery stores and everyone else would raise prices because they know people can afford it.
This is kind of like social security, medicare or the 5 day work week, if everyone suddenly had $x more disposable income per year? Landlords and grocery stores and everyone else would raise prices because they know people can afford it.
And UBI would give people the freedom to move to a place with cheap rent and groceries. Rent is high in places with jobs and low in places without.
Supply and demand will work better, lowering prices.