gameratron

Could you talk about the issue of inflation, I'm not sure it's an issue amongst economists but it comes up a lot among the general public.

Would a UBI cause inflation and effectively undo it's own purpose by causing prices to increase by the same amount as the UBI grant?

Cyprus has instituted a 'guaranteed minimum income' which is like an NIT (negative income tax). They just instituted it recently, so we'll have to wait and see the effect on society.

Am I right in saying by 'revenue-neutral' you mean, as long as the UBI is funded through taxes and savings on public spending, it would not cause inflation?