Do people actually believe this universal basic income nonsense? If money isn't scarce but goods are the goods become proportionally more expensive. Inflation is a thing.
Yup, inflation is a thing. Alaskans get Dividend checks every year -- almost $2k. Right after they get their checks, the price of everything skyrockets, on top of already extremely high prices for everything up there. The best time to spend the check is to wait until next year right before the checks are sent out to increase your buying power. If UBI made sense, Alaska would be a utopia. Not seeing it..
Horseshit. Prices of commodities are not affected by PFDs in any way.