of disadvantage of adopting universal basic income systems is the risk of accelerating inflation, ideological against, or drawback to, a universal basic income system is the potential for it to cause runaway inflation, which would ultimately raise the cost of living. Table of contents
Does A Universal Basic Income Cause Inflation?
Printing money or spending deficit funds, taxing and spending are a few ways of financing UBI. As a result, the base money supply will increase in the first case. Inflation is a result of this risk. How Does Basic Income Affect The Economy? Canada’s economy could grow by […]