Thanks for the response!
>First of all, your point of view contradicts the idea of the original article. I don't mind, as I disagree with it anyway, just pointing it out.
Yeah, the article seems to be flame-bait; I'm more interested in figuring out the logic of your argument, since it seems to pop up quite commonly.
> About your response. Money represents value - work, goods, goodwill, etc. Considering your redistribution, you are saying to take money
> from those, who create value and spread them evenly. So there will be a deficit on the side of creators of value. To eliminate this deficiency,
> creators will have to earn more money. To earn more money, they will have to raise the prices. Raised prices means that general public will
> have nominally more money, but can afford less-per-dollar. And the circle is closed.
You seem to be reiterating that UBI will increase prices on common goods. I agree with that, but don't see the problem with it: assuming healthy competition (or regulation of allowed monopolies), this has to be accompanied with a higher sales volume (the supply/demand curve shifts towards more production). That is, the people that need the UBI get more stuff.
Here, and in another comment, you appear to argue that the increase in price on common goods will decrease the purchasing power of people that don't need the UBI. That's actually good: to point is to redirect money from people that are being incorrectly over-valued by investment-focused market forces (e.g. Paris Hilton) and to give it to those that are being incorrectly undervalued by the market (e.g. buggy whip manufacturers that stuck around to provide the then-necessary goods and then became unemployed due to advancements in technology). Of course, if you fully redistributed the money that would destroy incentive structures, but a moderate UBI creates a safety net and stability---which drives innovation.
There's also the issue of border-line folks that just barely don't need the UBI. Their purchasing power drops when the UBI is introduced, but then again they're getting the UBI too, so for them it's a wash.
What do you think?