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) 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 decision to tackle even more serious crises through massive state intervention. Governments rapidly committed […]

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