Average in this case is mean not median and saying “average person” is misleading, because there are going to be very few people who actually lose exactly the amount of their ubi to inflation.
The accurate statement is that “people on average will lose...” but even that neglects the central justification for ubi, which is the marginal value of nominal $. Taking $1 from the richest person and giving it to the poorest is a net gain is total utility (or it’s not, but please be explicit if when arguing that point). It’s then just a question of where the line should be.
Average in this case is mean not median and saying “average person” is misleading, because there are going to be very few people who actually lose exactly the amount of their ubi to inflation. The accurate statement is that “people on average will lose...” but even that neglects the central justification for ubi, which is the marginal value of nominal $. Taking $1 from the richest person and giving it to the poorest is a net gain is total utility (or it’s not, but please be explicit if when arguing that point). It’s then just a question of where the line should be.