UBI is not socialism. In fact, it is more of a libertarian policy where choices are made by individuals.
Keeping people from falling off economic cliffs is likely to be more productive than letting them become homeless for the rest of their lives. That productivity offsets inflation risks. Technology and automation increases offset inflation, because they make us all more productive.
Keeping people from falling off economic cliffs is likely to be more productive than letting them become homeless for the rest of their lives. That productivity offsets inflation risks. Technology and automation increases offset inflation, because they make us all more productive.