Universal Basic Income does not cause inflation

Universal Basic Income does not cause inflation

Universal Basic Income is no more or less inflationary than anything else that raises incomes. : Stan Jourdan CCBY2.0 The idea that a Universal Basic Income fuels inflation makes no economic sense.

We live in an age of crisis. The Global Financial Crisis, austerity measures, climate change, Covid-19 and war have all reduced people’s standard of living, wellbeing and even predicted lifespan. It’s a dire outlook, made worse by a fast-evolving cost of living crisis.

One way to ease the burden on people would be a Universal Basic Income.In our last age of crisis, during WWII, Western governments took the momentous […]

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