Yes. If someone has a million times the median wealth, there's something wrong with the system.

But how is that relevant here?

Yes, it definitely has to be recalculated frequently. If it doesn't, it will be about as useful as the US minimum wage after some time.

But as I said, most people wouldn't have significantly more or less money than they do today. At least I carefully calculated those numbers so that most people would have pretty much the same, for Germany in 2019. So I don't really expect prices to go up drastically.

It's not that people suddenly have 1000€ extra. Either their unemployment benefits get replaced by that UBI, or they now have to pay an extra 1000€ in taxes.

Exactly. What's to keep the sellers from just jacking everything up?

College was expensive, but affordable, until the government made it easier to get student loans. Colleges responded by wildly jacking up their prices, and now you literally have to voluntarily take on a lifetime of debt to get a college degree for a job that probably won't cover the cost of your loan. And what did the government do? They went right along with it, and demand repayment before anything else.

They recently started a benefit program with Medicare that gives you some money each month to buy health related items in drugstores and such, and they responded by jacking up the prices in Walgreens and CVS.

I'm all for UBI as well, but it has to comes with price controls so the corporate parasites don't just take it all. UBI Gouging has to be a harshly enforced crime.

Which is why UBI should be coupled with UBS (universal basic services). In this context, at the very least there would exist also a rental board (like Quebec's existing Regie du Logement). If you're more ambitious, housing would be a universal service and taken out of the market altogether. And don't forget that that 1600E income of the landlord would be also taxed.

More generally: https://ubiadvocates.org/inflation-and-ubi-separating-fact-from-fiction/

If UBI is financed through measures that inject new money into the economy, such as deficit spending or monetary expansion, the risk of inflation may be heightened. This is because the increase in the money supply outpaces the economy’s capacity to produce goods and services, leading to a general rise in prices.

Conversely, if UBI is funded through redistributive measures, such as progressive taxation or cuts in inefficient spending, the inflationary pressures can be mitigated. By targeting resources from high-income individuals or unproductive sectors of the economy, such funding mechanisms redistribute existing wealth rather than injecting new money into circulation.

This ensures that the overall level of demand remains relatively stable, thereby limiting the potential for inflationary spirals.

Public cheap housing, public cheap supermarkets, public free universal health system and public free universal education system.

Free as in payed by taxes.

Just to put my 2 cents on the plate, it seems like a lot of people are stuck in living arrangements they don't actually want to be in, purely for economic reasons. Lots of personality mismatch in close quarters, work is an escape. UBI would probably break apart lots of lives, but hopefully people will build back better.

In respect to being paid to work on hobbies, a lot of the tech sector was furloughed as well. FOSS projects massively improved, seemingly overnight. I've dabbled with Linux on and off during the 2010s, 2021 felt like the year where everything finally clicked together, now I run Linux and FOSS on everything where possible. I'm not sure how to find data to dispute or support that link tho, might just be me.

Many people also go crazy like that right after they retire. At least for a while. Structure is important for humans, and many find it difficult to create structure themselves.

But an UBI wouldn't mean that people would suddenly be out of work. They 'd still have to work to keep their lifestyle

we need time to collectively un-domesticate our thinking, and to basically recover enough of our lost human identity to even have bandwidth to imagine some way of life other than wage-slavery. It won't be easy or quick to undo generations worth of programming, but the disruption is coming either way, AI and the looming collapse demand it.

Covid also woke lots of people up. Suddenly families had time to spend together (including dysfunctional ones), suddenly normies realised that maybe giant pharmaceutical companies actually don't care about the population's health so much. It showed people that governments can and will drastically intervene in their lives (including by making money rain from the sky) when there is some threat of elite interests actually being effected. It was a huge, scary and unprecedented event, so it makes sense that people would freak the fuck out. You'll notice i didn't even get into mandates or the insane mania our media pushed during the period.

IDK there was more going on than just 'people suddenly had free time again'. But you're right lots of people are already so conditioned that the thought of having the ability to spend their own limited earthly time however they wish literally scares them. These people have been separated from their own humanity, and even if the work is painful they deserve to be recovered as anyone else.

sorry but this is kind of insane logic, it's almost literally "if i free my slaves they wouldn't be able to feed themselves"

I don't think it's an argument worth even thinking about, if it's an actual problem it's something that can be dealt with. Talking about it just gives fuel for people who want to prevent anything from ever changing for the better.