On: Germany begins 3-year universal-basic-income trial

[vsareto]

> I see the claims that this won't produce inflation with extreme scepticism.

I haven't seen price drops since many people stopped working and can afford less, so I don't expect the system to work logically in the other direction either.

[molmalo → vsareto]

You probably won't see prices dropping, as many businesses are selling much less and they need to keep prices to cover the costs.

[xenonite → vsareto]

Rents are easily adjusted for the new income.

Limiting the increase of rents is often named as a feasible remedy. However this can be circumvented by renovations, after which the rent can be increased. Or reversely, renovations might be omitted totally, which yields a net quality decrease for the inhabitants in the long run.