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RE: The Blockchain and UBI: Now Everyone Can Share In Abundance: It Truly Is The Path Out Of Slavery

in #ubi7 years ago

Didn't Milton Friedman say inflation was always a monetary phenomena? It seems a ubi would only be a major cause of inflation if the government printed it. If it is paid for via taxes, or somehow voluntarily it should not cause much inflation it seems. As long as the there is a concurrent proportional increase in utility with an increase in money supply there should be no inflation.