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this post was submitted on 18 Oct 2023
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"If funded fiscally UBI would outstrip any inflation".
Source for this claim please? Its been years but I seem to recall the Roosevelt Institute paper Yang relied on saying something different (worth noting Yang misrepresented this paper).
I don't have an academic source; it's my own prediction based on a) what I've seen/am seeing in the economy and b) my own personal finances.
I'll dig it up later but I suspect you have that backwards. As I recall the tax funded UBI produces little to no growth so it shouldn't cover inflation
I think the best evidence for this claim is past experience with a UBI via the alaska ongoing UBI. Federal reserve graph showing that since alaska implemented its UBI (in 1982) it has had lower inflation than the US at large.