Elon Musk says government checks for all wouldn't spike inflation. Economist Steve Hanke says that's not guaranteed.

Source: Business Insider

Elon Musk made the case for a "universal high income" that wouldn't cause inflation. Kevin Dietsch/Getty ImagesElon Musk said government checks for all could address job losses from AI without causing inflation. The Tesla and SpaceX CEO said AI and robotics will supercharge production, driving down prices.