[1]  Because there&#x27;s more money and the same amount (or less) of things to buy.  Think of it a bit like someone issuing stock:  yes, that dilutes your shares.<p>[2]  It&#x27;s not just pay.  You CANNOT pay me to do that job again.  I&#x27;m sick of being cut by glass.  I don&#x27;t like dealing with horrific bloody injuries, though I&#x27;m incredibly conflicted there--I mean, I did volunteer for it and I don&#x27;t regret doing it and helping people.  And I&#x27;m glad to be able to do it and that I was able to help people and I&#x27;d even volunteer again... but it&#x27;s a horrible thing to have to do and I don&#x27;t wand more of it.<p>Basic income is just welfare on steroids.  The effect should be something that depends on the scale of how much money and how many people have their &#x27;stake&#x27; diluted by how much.  The scale of this is bigger than before (everyone gets money) according to what&#x27;s planned--I don&#x27;t seriously think anyone will implement it as $5 for everybody and if they did, it shouldn&#x27;t have any meaningful effect.<p>Due to more money being issued, there should be more inflation caused by it, as we can&#x27;t all suddenly start producing more windows and whatnot just because we&#x27;re paid more.  People are also likely to start charging more because everything costs them more and people have more money to spend now.<p>Now, all that said, maybe it could work as a replacement for welfare.  I&#x27;m not sure about that, but it doesn&#x27;t seem terribly unreasonable.  Maybe everyone has an ID card and they can charge $X a month for food&#x2F;rent&#x2F;clothing, especially with the theory that people who don&#x27;t actually need it might not use it.  As I said, the main issue is the scale.  If you get to the &quot;work is optional&quot; state that everyone seems to want, that&#x27;s where I worry about the effects.  But, there&#x27;s obviously a long continuum between it being 0% optional and 100% optional and I honestly <i>don&#x27;t know</i> what things happen where.