Why would Universal Basic Income work ?

Why would Universal Basic Income work ?

Microsoft Copilot. OP

If everyone got $2000, lets say, every month. Wouldnt it just devalue the dollar, make everything costlier and push up the poverty line ?

Capital One c1memester 11hYes. Plus less incentive to work. We saw this during covid. Cisco thbeardguy 11hSome basic necessities like food are subsidized for low income earners. So for eg an unemployed person gets 2000$, atleast he has enough to buy food for the month rather than go down the route of beg or steal. They are eligible for subsidized coupons so even if the regular price has gone up, his 2000 […]

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