“As opposed to what?” As opposed to a Basic Income system.
Thanks for reading and for adding your thoughts. You make some interesting points.
But let me ask you something:
You write of UBI: “indexing the benefit to inflation guarantees a self-feeding loop of inflationary pressure”
But I’m a trained economist, I’ve studied the causes of inflation and I don’t think it guarantees any such thing.
So, why would you believe it does? You’re not claiming to be a trained economist, are you? Did you read it somewhere? And if so, where?