You are under the presumption that inflation is still or will be a part of the equation going forward...
The Fed went on an easing spree never before seen in history and yet they are still struggling to get to 2% and cannot understand it. Do you know why that is? Because they look at things like economists instead taking the view of technology.
Technology is deflationary and more of the world economy is going that direction. Worldwide we are over 4% of the global economy operates under the laws of IT (processing, software, and storage) which are extremely deflationary with advanced societies being even higher.
As we move forward, downward pricing pressures are going to be seen all over the place. Blockchain will reduce the costs of transactions. 3D printing will bring down the costs of goods including homes. Autonomous vehicles will reduce the costs of transportation and shipping. Robotics and AI are going to crush the medical establishment (and expense). Thus, when I look out into the possibilities of the future, I dont see how inflation is going to even be mentioned around the world. Considering central banks are still easing to the tune of $200B a month around the globe and still inflation is in control, at what point do we see an onset? $500B? A trillion? At some point, technology is taking things down quicker than the banks can inflate (if we arent there yet).
Also, crypto inflation actually helps the UBI concept since they tend to have a more inflation early on which diminishes after a number of years. This will help motivate people not to hoard them but pass them along. Of course, this could be negated if the value of the coin increases faster than the built in expansion of the supply take place.
Very interesting comment...thanks.
RE: The Blockchain and UBI: Now Everyone Can Share In Abundance: It Truly Is The Path Out Of Slavery