This is why Capitalism is beneficial, it creates incentives for people to find ways to be squeeze the most out of resources... This again is why we need balance

We have these problems now because of capitalism. There's no incentive to distribute over produced goods when you can toss them and sell people new ones. It creates artificial scarcity.

I feel like this will just artificially inflate the cost of everything... I have trouble understanding how it actually solves anything. I think if we do the other stuff, this wouldn't seem as necessary

UBI is necessary to pair with the minimum wage. Since it's based on the CoL, it doesn't matter what it inflates too, ubi and mw will inflate with it. This will take the work or starve power away from corporations.