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eztrang

4,175 Posts.

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29/08/22

14:23

Post #: 63384552
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Originally posted by stelios: ↑

"lol nothing like@Skoltalking up his 2% term deposit while real inflation is 20%."
The Fed is buying treasuries and bond, so the Fed raises interest rates to attract buyers despite the US$ trillions of debt
and increasing the interest on the debt.
If the student loans are forgiven, we get more debt, supporting MMT (The Ponzi scheme accelerates).

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"If the student loans are forgiven, we get more debt"

If the student loans are forgiven we get less debt.
Before the student owed the government $10,000, after the debt is forgiven they don't.
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