> Something no one ever talks about with UBI is how the effects will be eliminated in a few years.
No, this is something someone raises in literally every conversation, without any support.
> The very things poorer people would buy from it would get more expensive by the UBI proportion,
The argument you are making is that redistribution regardless of magnitude cannot affect buying power, even if the after-redistribution distribution is perfectly flat, people (at least those coming up from below) will retain exactly their pre-redistribution buying power.
> UBI does not create more wealth
Not as a first-order effect, no; it's first-order effect is redistribution.
> It just means everyone gets X+$1000 more tokens for the same wealth/goods.
Only if it is fully monetized, which doesn't seem to be anybody’s plan. If any of it is financed by traditional fiscal means (taxes and/or debt) it's redistribution, not flat addition.
No, this is something someone raises in literally every conversation, without any support.
> The very things poorer people would buy from it would get more expensive by the UBI proportion,
The argument you are making is that redistribution regardless of magnitude cannot affect buying power, even if the after-redistribution distribution is perfectly flat, people (at least those coming up from below) will retain exactly their pre-redistribution buying power.
> UBI does not create more wealth
Not as a first-order effect, no; it's first-order effect is redistribution.
> It just means everyone gets X+$1000 more tokens for the same wealth/goods.
Only if it is fully monetized, which doesn't seem to be anybody’s plan. If any of it is financed by traditional fiscal means (taxes and/or debt) it's redistribution, not flat addition.