Universal basic income systems could also increase living expenses due to runaway inflation, so drawbacks are opposed 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
Would Universal Basic Income Raise Prices?
An additional factor to keep in mind about UBI is its potential influence on the economy as a whole. Additionally, research shows that a $1,000 a year government grant would likely lead to an increase in output, employment, labor force participation, and prices. Can Ubi Lead To Hyperinflation? […]