Based on what I&#x27;ve read, inflation is one of the weaker arguments against UBI <i>assuming</i> that it was implemented as a pure redistribution. (i.e. no increase in money supply, deficit, etc.) That said, given the scope of such a hypothetical program, it&#x27;s probably reasonable to assume that there would be some demand shifts that could drive up certain wages and certain goods (perhaps housing in some areas).<p>Or not. With, presumably, no more minimum wage and everyone with a poverty line-ish income without working, maybe Walmart doesn&#x27;t need to pay as much to get part-time workers who just want to earn a little extra.