Comment by rxtexit

If everyone gets $13k a year the price of everything will go up until people will no longer be able to live on $13k a year. Then you have to raise the UBI amount and then raise even more money by the government. Repeat.

To me, it is a non-starter unless you also had a massive housing build out to drive the cost of housing/rent down. We can't do that now though so that is also a non-starter.

Then even if you did massively build out housing, most the UBI will still be captured by rent/housing as some areas will become extremely low status and people will use the UBI to move to higher status areas.

All UBI really does if everyone gets it is change what $0 means. Not to mention, if you replace what people are getting currently from the government with UBI they are getting totally fucked. People on disability would get completely fucked since they are getting a basic income now but even though the UBI would be more in total, that will just purchase much less if everyone is getting the same amount.