I agree there are many huge benefits to a basic income so long as it is implemented in a way that doesn't result in overconsumption or disproportionate consumption. It must have a natural means of expanding and contracting with the actual productivity of the economy.
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Even overconsumption / underconsumption is related an individual's needs (defined by Maslow) not being met. Advertising and consumerism thrive on unhappy/unfulfilled people.
When our needs are met we consume what we need and tend to create more value.