Since 2005, some have suggested that UBI might work at times of currency inflation [13, 12]. In the U.S., however, where inflation occurs, aUBI is not the best measure of compensation. Due to the increase of inflation, UBI rates would go up, making this problem worse. Table of contents
What Are The Disadvantages Of Universal Basic Income?
Poor people become more poor and deprived of much needed targeted support when Universal Basic Income (UBI) is given.UBI is too expensive and detrimental to labor and skills development.UBI removes the incentive to work while preventing labor from being hired or retained. […]