Ridiculous and stupid. Choose the amount to give each person. Say $30,000. Now 30,000 is the new zero. Prices will rise to eat up the new-found money. The amount will have to be raised because of rising prices. Now prices will rise again, and the amount will have to be raised again.
This, like all liberal policies will fail, and liberals will demand a strengthening of the failed policy, which will again fail, leading to a new demand for a strengthening.
Liberals are incapable of seeing the futility of their policies.
Not if the productivity gains from continuing automation and globalization (cheap labor) produce the products more efficiently. Supply and demand will still be in play and the new productivity paradigms should produce more goods and services with lower cost inputs.