1) you might as well not give any money to anybody, because relatively no ones wealth will change
Blatantly untrue -- under basic income poor people will see their relative purchasing power increase, and rich people will see theirs decrease.
3) you will end up with inflation, because free money will create more demand, which in turn will result in smaller supply (relatively to demand) and higher prices
Or maybe supply will go up? You know we have an unemployment problem, right? More demand is exactly what America wants right now. It creates business and employment opportunities.
in the end these $1,000 after a couple of months will buy you only $500 worth of goods (end game is that these $1,000 will be worthless after some period)
Obviously basic income would be pegged to GDP, hence pegged to inflation. This is a non-argument.
1) If I have $0 and you have $100 and we both get $1000, you are still $100 richer than me. Also, if you say that purchasing power of the rich decreases, you are admitting to inflation. If I have $10,000 and can buy 20 laptops, but after the $0 guy gets $1000 he of course feels better, he can now buy 1 laptop - however I can only buy 10 laptops now. The value of the dollar dropped by half :/ that's what you are saying?
And about pegging, if you say you increase the payout according to increasing inflation, then wow, you now have a hyperinflation (that's when prices go up 100% in a matter of days, each week).
Blatantly untrue -- under basic income poor people will see their relative purchasing power increase, and rich people will see theirs decrease.
3) you will end up with inflation, because free money will create more demand, which in turn will result in smaller supply (relatively to demand) and higher prices
Or maybe supply will go up? You know we have an unemployment problem, right? More demand is exactly what America wants right now. It creates business and employment opportunities.
in the end these $1,000 after a couple of months will buy you only $500 worth of goods (end game is that these $1,000 will be worthless after some period)
Obviously basic income would be pegged to GDP, hence pegged to inflation. This is a non-argument.