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Results tagged with inflation
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user 2677
Inflation is generalized increase of prices of goods and services in an economy, along with a corresponding fall in the purchasing value of money. The rate of inflation refers to the increase of the price of goods and services over time.
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Wouldn't an unconditional basic income lead to an inflation that negates its effect? [duplicate]
So, it seems that, after the introduction of the basic income, there will be mechanically a large inflation. … My questions:
1) What natural mechanical effects prevent an over-inflation after the introduction of a substantial basic income? …
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