this post was submitted on 03 Apr 2024
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Yep, UBI trials worked exactly because they were trials. It was just for a part of the population, so "adjusting the prices" relatively to it would have meant that the majority of the customers would have probably consumed less.
But, make it a predictable, widespread action, and the biggest corporations will immediately find a way to funnel that "extra money" straight in their pockets. Probably while being so aggressive at it that it will have the direct opposed effect to the desired one: making the 99% of people poorer.