Hey, a UBI supporter! Just curious, how can UBI be implemented in a way that doesn't result in hyperinflation? If a society was to ration out food/shelter/necessities directly, I understand how that would work. But if it's done through the intermediary of money, what would prevent the economy from entering an arms race where the producers raise prices to adapt to the new purchasing power of the population, and the government raises the UBI to keep up with the rising prices?
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