I don't think any tests can really show us how it would work. As you say, the knowledge that it will end is just going to motivate people to stockpile the money, ruining the test. I'm afraid this will remain entirely a theoretical exercise until we actually implement it. Even then, it's very likely that the first generation to be on the program would still stockpile, just in case. Just like the first generation when people become rich usually continues to live frugally the rest of their lives despite having the money. It's not until the second generation born into that wealth that we see the effect of it on their actions, and it would be the same way with UBI—we wouldn't really see the effect of it until the second generation. That in mind, we simply can't say if it would work or not. It remains entirely a hypothetical idea at this point.
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