It would have no effect. A Basic Income is not funded by government printing new dollars. If it were, it would create instantly high and uncontrollable inflation which is why it’s never suggested it be funded that way. It’s funded by taking from the rich and giving to the poor. We don’t add new dollars into the system, we just take from the rich and give to the poor, which will cause prices to change both up and down all across the system, but would not create inflation, which is where all prices go up.
Though it depends on implementation […]
Full Post at www.quora.com