Uplifting News
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Yet anyone in a position of authority will still parrot giving ppl money will make them lazy
There are two major concerns I have with UBI.
It's highly inflationary.
It fosters dependency, and it's an economic-political death spiral. People on UBI vote for those who support higher UBI. Inflation increases due to increased monetary velocity. People demand higher UBI due to cost of living increases. Votes go to those who promise higher UBI, etc. The cycle continues until you're wiping your ass with currency or some form of CBDC is implemented to stop the bleeding.
https://m.economictimes.com/news/international/world-news/universal-basic-income-does-not-cause-inflation/articleshow/98801058.cms
Do you have a link to the original source or the name of the authors? Neither is in your article only a statement that it was sourced from another site.