you are viewing a single comment's thread
view the rest of the comments
[–] 12 points 1 month ago (6 children)

UBI without price control is useless. Rent is just going to go up by that amount and same for utilities, food, etc.

  • source
  • parent
  • hideshow 6 child comments
  • [–] 1 point 1 month ago (5 children)

    That would be a profound lack of imagination on companies. Raising prices to cover costs make sense since all businesses will be affected in the same way equally, but to just do it because everyone has more money doesn't, your competitor might just undercut you by keeping their prices the same, and then get all the profit.

  • source
  • parent
  • hideshow 5 child comments
  • [–] 7 points 1 month ago (1 child)

    Lol.

    Have you seen how the real economy works? It works by creating monopolies, fixing prices, lobbying for public contracts and subsidies and moving everything into private equity.

    Do you think landowners won't leech every cent they can get away with?

  • source
  • parent
  • hideshow 1 child comment