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SWBTATTReg

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12. Well, as an economist (Macro and Micro), I find this rather far-fetched, that inflation would be ...

Tue Aug 23, 2022, 01:41 PM

Aug 2022

accelerated due to this payoff of loans. I suspect that a lot of these students are already stretched out, in paying bills, and other things, and that the $10000 would go quickly and probably go to pay other bills, get essentials, etc., not be used in a frenzy to bid up prices of items, causing yet more inflation. If anything, it would somewhat strengthen people's meager balance sheets, give a few a little more breathing room, etc.

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59% of Americans worry student loan forgiveness will make inflation worse, CNBC survey finds [View all] Polybius Aug 2022 OP

More evidence that the GQP plan to destroy our education system relayerbob Aug 2022 #1

$1.7 Billion is a rounding error in the national budget. 33taw Aug 2022 #2

It's a Trillion, not billion Lochloosa Aug 2022 #4

Sorry, I misread. 33taw Aug 2022 #17

Boogeyman inflation... JT45242 Aug 2022 #3

It is getting pretty tiring, no? sybylla Aug 2022 #14

How about focus on meeting consumer's demands for the products Anon-C Aug 2022 #5

59% of Americans that don't have a clue how this will impact it. LiberalFighter Aug 2022 #6

It's more like 95% of Americans do not understand economics. Probatim Aug 2022 #7

I'll Up That To 98% ProfessorGAC Aug 2022 #28

Look at me being optimistic! Probatim Aug 2022 #35

More. paleotn Aug 2022 #30

Yeah, because with $10K less in debt, young people are going to go on some big spending spree? viva la Aug 2022 #8

Please do tell us how, since it actually will make the person receiving it have a bit more buying Historic NY Aug 2022 #9

I got mine dressed up as "concern" BeyondGeography Aug 2022 #10

Of course CNBC will say that shit Warpy Aug 2022 #11

Well, as an economist (Macro and Micro), I find this rather far-fetched, that inflation would be ... SWBTATTReg Aug 2022 #12

A 10k consumer subsidy with 3.5% unemployment and supply shortages won't contribute to inflation? mathematic Aug 2022 #21

Demand pressures Johnny2X2X Aug 2022 #23

Common sense IMHO, and I am not quoting economic theory to you of all people. I am entitled SWBTATTReg Aug 2022 #26

In other words, "HEY--we don't want those 'woke elitists' to get anything we don't get!" slumcamper Aug 2022 #13

Gee who drove them bonkers on this non-issue? GreenWave Aug 2022 #15

YES durablend Aug 2022 #16

"Inflation" The peasants have too much money. dogknob Aug 2022 #18

Well it will definitely eat up some of the deficit savings we were supposed to get. oldsoftie Aug 2022 #19

But more TAX CUTS for the rich are just fine NEOBuckeye Aug 2022 #20

Oh yeah. Those folks will have more money to buy better food and housing. NCjack Aug 2022 #22

Somebody has an agenda... kirby Aug 2022 #24

This Is A DUMBASS Worry... GB_RN Aug 2022 #25

What is causing inflation today nowforever Aug 2022 #27

Many Amurkins do well to tie their own shoes. paleotn Aug 2022 #29

I still think the most palatable way is to just eliminate interest and apply interest paid to the LT Barclay Aug 2022 #31

Because people are stupid... They have been paused already JCMach1 Aug 2022 #32

I've seen stupid before on matters of the economy but this is outright dumbass chickenshit. Ford_Prefect Aug 2022 #33

Most Americans don't understand economics except for supply and demand. AZLD4Candidate Aug 2022 #34

Who'd they poll? BradAllison Aug 2022 #36

I'm sick of polls as news, especially when 99% of people aren't qualified to answer the question elias7 Aug 2022 #37

After a review by forum hosts....LOCKING Omaha Steve Aug 2022 #38