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/biz/ - Business & Finance

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51087532 No.51087532 [Reply] [Original]

What do you think the consequences will be?
>most loans are federal
>stimulate spending
won't this just worse inflation while making the government poorer?

>> No.51087574

>>51087532
Likely a crash down the road or war. Or both.
Also I want to bang the short one something fierce.

>> No.51087664

Most of that money is lost either way, banks are getting about a third of what they give away in students loans

>> No.51087686

I already invested my 10k because I had the cash on hand to pay it in full.

>> No.51087844

>>51087532
Who cares it won’t pass, its just a ploy to get votes for the mid term and then they’ll just delay their “””plans””” to forgive student loans again until the next election

>> No.51087854

300 Billion is nothing and a substantial part of that debt was never going to be paid. What it really did was tidy up the government balance sheet.

But I look forward to /biz/lets seething about this all week.

>> No.51087855

>>51087844
It's gonna pass the house easily. It probably will pass the Senate unless Sinema is breaking from Dems and voting against it (seems unlikely?)

>> No.51087863

>>51087844
Biden did it by executive order. Try to pay attention.

>> No.51087870

won't this further drive up inflation?

>> No.51087878

>>51087863
>>51087855
>>51087854
>>51087844
>>51087686
>>51087664
>>51087574
ARE YOU REGARDS FUCKING GAT IR SOMETHING LOOK AT THE BOOBA

GIANT ASIAN FUCKING BOOBA MOOOMY MILKERSSSSSSS AAAAAAAAAAAAAAAAAAA I WANT TO LIVE BETWEEN THOSE BOOBAAAS IMAGINE SUCKING THOSE BOOBAS

>> No.51087988
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51087988

>>51087854
>300 billion is nothing

>> No.51088040

The only good post in the entire thread >>51087878

>> No.51088223

>>51087854
>300 Billion is nothing

occupy wall street started over 600 billion

>> No.51088268

nothing will happen. we bail out companies all the time

>> No.51088596

>>51087878
Based booba enjoyer

>> No.51088608

I thought most African basket weaver undergrads were in a lot more than$10k debt?

>> No.51088611

a man needs a name

>> No.51088752

Dem boobas are inflated

>> No.51088864
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51088864

>>51087532
>>51087878

>> No.51089240

>>51088223
>occupy wall street started over 600 billion

Occupy Wall Street started over moral hazard.

>> No.51089441

>>51088223
all 3 stimulus check was around $803 billion.
"nothing" will make inflation worse for sure.

>> No.51089796

>>51087878
Just came here to ensure something like this was posted, peace out niggers