I’ve been a hardcore pro-UBI for years from the perspective of moving (part of) the distribution of newly minted money from private banks to spread out over individuals. Gradually I have recently been feeling doubt for another reason: it makes everyone dependent on the government in the sense that if the government completely controls the demand side of the consumer economy (in the frame of the article). A majority of the population will (either due to unemployment or committed spending over non-UBI income) be unable to make ends meet without UBI.

It actually puts a lot of power in the hands of government and central banks.