this post was submitted on 18 Oct 2023
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[–] Peaty 1 points 1 year ago

Macro is the field that would support the idea that giving people more money would increase the sale price of things like housing.

I don't need to math out the inflationary impacts of UBI to make the claim that Macro backs the idea that giving everyone more money will increase the costs of housing. That's historically demonstrable.

The Alaskan income bonuses aren't relevant to this because they aren't large enough to have distortionary effects.