Elon Musk says government checks for all wouldn't spike inflation. Economist Steve Hanke says that's not guaranteed.

Elon Musk made the case for a "universal high income" that wouldn't cause inflation. Kevin Dietsch/Getty Images Elon Musk said government checks for all could address job losses from AI without causing inflation. The Tesla and SpaceX CEO said AI and robotics will supercharge production, driving down prices. Steve Hanke said Musk is right in theory, but there's been both inflation and deflation during past booms. Elon Musk recently said the "best way" to handle job losses from AI would be fo...