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[quote=Anonymous][quote=Anonymous][quote=Anonymous]So I completely disagree with your premise ... but, putting that aside, I think the introduction of UBI would cause the cost of everything to rise in proportion to UBI and people still couldn't afford to live.

Better plan would be to provide basics for free (food, housing, medical, education) and let people work for whatever extras they want over and above that. [/quote]

[b]There is no difference between "providing basics for free" and "providing equal amount of money for basics"? [/b]

Cost of everything will not go up indefinitely,  demand is not indefinitely, eventually there will be balance. Providing money is better, so that people can choose what to buy.
[/quote]

Oh dear. There is absolutely a difference. And under your plan, costs go up until they meet the amount provided by UBI: that's where they'll find balance.

I am fully in support of the "just give poor people money" solution in our current economy, vs government cheese. But in your fantasy where there are no jobs, it doesn't work without price controls. [/quote]

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