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user-inactivated  ·  4029 days ago  ·  link  ·    ·  parent  ·  post: Basic Income Means Basic Freedom

This is something that's always seemed like a cool idea to me. I hear a lot about the trend of 'bullshit jobs,' antiquated 40 hour work week, etc. And I agree with all of these points.

But my undercooked understanding of economics always brings up the question in my brain: wouldn't an unconditional basic income just raise prices of food, housing, etc. relative to the income given out?