Inflation is inherent because of market forces themselves. The more wealth is abundant the more people are willing to pay. You think it's a matter of more money but there are other important factors that come into play, which in the first article are referenced, and also in the white paper, and by the investopedia article, and like it says in that article, no emperical evidence. Inflation isn't that simple as "more money devalues money". You don't have any idea how much money it would cost to fund an ubi or how many times this has been tried in all kinds of shapes and sizes and the almost immediate positive effects on both the economy and society that had been discovered again and again. This is probably the sanest way to give capitalism a chance: let the poor man play the game. You think it's going to fail. Great, but you have about as much clue on either why it could fail or it's viability as you do on how inflation is caused or money creation works or intrinsic Vs historic.
When the currency is depreciated because of over printing the prices rise.
Over-printed, in relation to being printed just enough. You know what's funny, how you think it's so simple to repeat the ignorance of whoever wrote that nonsense. You don't have to explain to me how inflation works, and you can argue that inflation will be caused by more money forever, I'll just point out that fake money got nations out of inflation, remark about the outcome of numerous ubi programs, and point out the absurdity of valuating the world wealth in gold and how we will pay for cars in micrograms, and then point out that even if the fed wanted to pay themselves whatever comes after trillions, they couldn't spend it all, the fed is in the business of maintaining it's power and anything that erodes the people's trust in them cripples the value of dollars, gold on the other hand, you can fake about a dozen ways from Sunday and no one would feel safe carrying around the old bag of "here's literally everything I have, just spare me my life".
RE: Andrew Yang's Siren Song of Free Money Will Cost You Dearly