/biz/ - Business & Finance

>>58082442
Holy shit anon you won congrats just give your wallet seed phrase and credit card information too so you can claim your prize

>>23354489
Here's the thing that bothers me:

If people is receiving free money, most of them will decide to skip entry-level, minimum wage jobs.

If people don't work minimum wage jobs, companies will have to pay more for minimum wage jobs.

If companies have to pay more in wages, then small and medium companies with razor thin margins will go bankrupt.

If companies have to pay more in wages, they'll simply pass that cost onto consumers by rising the prices of their goods and services.

If goods and services cost more, then UBI stops being enough to sustain the population that needs it.


It just seems to me like it causes inflation to the point all the UBI money is wasted paying for UBI-related inflation.