“If funded fiscally UBI would outstrip any inflation”.
Source for this claim please? Its been years but I seem to recall the Roosevelt Institute paper Yang relied on saying something different (worth noting Yang misrepresented this paper).
I’ll dig it up later but I suspect you have that backwards. As I recall the tax funded UBI produces little to no growth so it shouldn’t cover inflation
I think the best evidence for this claim is past experience with a UBI via the alaska ongoing UBI. Federal reserve graph showing that since alaska implemented its UBI (in 1982) it has had lower inflation than the US at large.
“If funded fiscally UBI would outstrip any inflation”.
Source for this claim please? Its been years but I seem to recall the Roosevelt Institute paper Yang relied on saying something different (worth noting Yang misrepresented this paper).
I don’t have an academic source; it’s my own prediction based on a) what I’ve seen/am seeing in the economy and b) my own personal finances.
I’ll dig it up later but I suspect you have that backwards. As I recall the tax funded UBI produces little to no growth so it shouldn’t cover inflation
I think the best evidence for this claim is past experience with a UBI via the alaska ongoing UBI. Federal reserve graph showing that since alaska implemented its UBI (in 1982) it has had lower inflation than the US at large.