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baoo2 karma

I have only heard of small scale (deliberate) UBI trials where the results showed that the quality of life improved for a subset of an areas population that were recipients.

What I can't get past is that this seems to be flawed methodology. Of course lifting a subset of people above other people by giving only them money will positively impact their lives.

In Canada we have seen major inflation to the point where quality of life is noticeably worse for everyone now than in 2019. one of the theories I can come up with is that the COVID relief payments ($2000/month to anyone who wasn't working and applied) were actually the largest scale UBI test that's ever been done, and the after effects should be relevant to UBI conversations.

Can you offer examples, or otherwise explain how giving out baseline amounts of money doesn't just make the currency worth less, or something to that effect?

Thanks!