>Canceling debt causes inflation

[Anonymous No.51098235]

>tax cuts strengthen the free market
I refuse to believe this is a real person

[Anonymous No.51098264]

That is one retarded migapede bootlicker

[Anonymous No.51098277]

>>51098235

[Anonymous No.51098279]

>>51098235
>cancelling debt causes inflation
When you cancel it by paying off the debtors with freshly printed $$$ then it does yeah

[Anonymous No.51098297]

>>51098264
>>51098277
>>51098235

He's right and nothing you can say in your little discord will change that

[Anonymous No.51098314]

>>51098235
yes, many socialists dont understand the difference between investment and consumption
its why you people turn countries to ruin
and its why you should never ever have power

[Anonymous No.51098320]

>>51098297
cancelling debt frees up cash flow which stimulates the economy and creates jobs by means of increased demand. it's an example of trickle down economics as per ronald reaganstein.

[Anonymous No.51098378]

>>51098297
You dumbfucks have been saying this for decades, still waiting for that trickle.

[Anonymous No.51098415]

>>51098264
Dude would beat the shit out of the soi faggot. Your reality collapses outaide5 of your bubble and you know it faggot. Shut the fuck up already it's pathetic.

[Anonymous No.51098449]

>>51098279
>When you cancel it by paying off the debtors with freshly printed $$$ then it does yeah
If that's what this is, then yes.
But that's not what this is.
This is debt forgiveness by the lenders ... no handout money is being sent to the debtors.

[Anonymous No.51098469]

>>51098235
>not taxing as much, creates more money
>not collecting on a debt, creates more money

better sign up for the olympics! The mental gymnastics here are quite impressive

[Anonymous No.51098474]

>>51098415
Migapedes have been being assaulted and beaten on the streets since 2016 and have done nothing lol, also I like how you just presume to know me when I'm not on any 'political side' in that zog shithole known as the USA. I'm not even fucking from there, thank god.

[Anonymous No.51098611]

>cohen
Opinion not even read, they always lie.

[Anonymous No.51098648]

>>51098415
>Dude would beat the shit out of the soi faggot. Your reality collapses outaide5 of your bubble and you know it faggot. Shut the fuck up already it's pathetic

[Anonymous No.51098660]

>>51098415
>visibly fat middle aged boomer
yeah good luck with that lmao

[Anonymous No.51098662]

>>51098415
Literal nigger logic.

[Anonymous No.51098696]

>>51098235
based shane

[Anonymous No.51099915]

>>51098235
They cancelled the average amount of interest accumulated since the student loan payments became optional. We the taxpayer cosigned the repayment of federally backed student loans.

[Anonymous No.51099928]

>>51098415
That fat fuck wouldn't last 1 punch from my National Socialist boxing ass.

[Anonymous No.51099996]

>>51098235
this debt is particular was paid through taxes no extra money was printed retards.

[Anonymous No.51100008]

>>51098235
Debt cancelation is wealth redistribution.

Taxation is theft, so tax cuts are reducing theft. Stealing less is not the same as giving handouts.

[Anonymous No.51100041]

>>51098235
>Shane's face
Lmao holy shit it'a literally like the memes

[Anonymous No.51100082]

>>51098235
How do you cancel debt? The government took on the debt from the students. The paranoid schizophrenic wing of the Republican Party hasn’t analyzed this one in much depth

[Anonymous No.51100130]

>>51098235
The migapede is right

[Anonymous No.51100148]

>>51099996
the debt was paid through bond sales. 46 of the last 50 years have been a budget deficits.

[Anonymous No.51100229]

>>51098235
maga boomer is unironically right
>>51099996
>this debt is particular was paid through taxes
lmao, imagine believing this
it’s all money printing, it’s more debt, it’s deficit
taxes are nowhere close to cover US gov spending

[Anonymous No.51100249]

Both of them are bootlickers and deserve the rope. I'd rather have tax cuts for individuals than more government gibs

[Anonymous No.51100268]

>>51098449
>This is debt forgiveness by the lenders ... no handout money is being sent to the debtors.
Are you retarded? These are federal loans being given 10k, not private loans. Cancelling that debt is the same thing as money printing.

[Anonymous No.51100293]

>>51098449
The universities still have the $10k, friend. It inflated the money supply.

[Anonymous No.51100318]

>>51098235
Our debt cucked university system only worked because it had to pay for itself.
Cancelling student pays students to be misinformed with taxpayer money.
Taxation is theft. There shouldn’t be anything to cut to begin with.

[Anonymous No.51100373]

>>51098235
He's correct.

[Anonymous No.51100397]

>>51098235
>canceling debt causes inflation

yes

>tax cuts strengthen the free market

yes

[Anonymous No.51100432]

>>51100397
This is nothing more than a reverse tax. The government can tax, and the government can reverse taxes.

Why isn't anyone complaining about having to pay taxes when they all of a sudden complain about reverse taxation?

One causes inflation and the other causes deflation.

[Anonymous No.51100489]

>>51098235
as a centrist I propose that we burn down academia along with the megacorporations.

[Anonymous No.51100526]

>>51100229
Impossible to pay the debt off because all money is created out of debt. Biggest scam in existence and nobody cares

[Anonymous No.51100568]

>>51098235
Everyone is a retard handing out cash to people who they think will get them reelected. But I want to stay objective

>will THIS student loan forgiveness cause inflation
The short answer is yes, but the long answer is "yes with an explanation".

[Anonymous No.51100584]

>>51098320
That still causes inflation.
Also, everything you said is theoretical based on a series of assumptions.

[Anonymous No.51100615]

>>51100268
Well, this is a big misnomer. They are "Federal Direct Loans" but not actually federal loans, since the capital is sourced privately. (Look it up. It's the greatest fucking racket of our time)
What you really mean is "Federally backed loans" in which the federal government guarantees repayment and/or interest subsidies based on loan type.

[Anonymous No.51100631]

>>51100489
Yes.

[Anonymous No.51100648]

>>51100489
>burn down academia along with the megacorporations.
both would vanish with 0% taxes

[Anonymous No.51100668]

>>51100526
The biggest scam in existence is when you figure out debts are unit of accounts of delayed work not yet achieved. The kikes and boomers enslaved the next 6 generations for their own comfort and pleasure.
It's unironically the worst crime ever perpetrated, and if they expect us to pay for their bullshit, they can keep dreaming. I'd rather live in the woods like an animal.

[Anonymous No.51100707]

>>51098320
>cancelling debt
It wasn't cancelled. A cancellation would have been gigabased and would only have fucked the kikes/banksters. They simply asked others to pay it. This ""measure"" was simply the kikes afraid of never seing their shekels back, so they forced the taxpayers to foot the bill.

[Anonymous No.51100714]

>>51100668
>boomer slaves
I used to think that this was overblown, until I saw the sheet greed inside my own fucking family among the boomers.
I think that we all need to realize, we are all getting nothing, and what's left will be a shell of what we could have had.

[Anonymous No.51100741]

>>51100714
Story time, fren!

[Anonymous No.51100743]

>>51100707
Right, since FedLoans are guaranteed loans, the Federal government is on the hook for them in the end. The private companies win no matter what.
It's a totally free 3 - 7% interest loan against the future earnings of the equivalent of a high school baby

Read that and tell me that the schools are not evil.

[Anonymous No.51100756]

>>51100741
I would, but 4chains isn't what it used to be, and I'm not into getting doxxed on an anonymous Taiwanese cave painting forum.

[Anonymous No.51100932]

>>51098235
If the tax cut takes benefits mostly the poor it might not be inflationary necessarily. It's definately less inflationary than printing money

[Anonymous No.51101272]

>>51098235

>tax cuts don't cause inflation.

Yes they do. Taxes remove money from circulation. It is the opposite of printing money.

[Anonymous No.51101307]

>>51100932

The poor have the highest marginal propensity to spend. A tax cut of 100B to the poor would be more inflationary than a tax cut of 100B to the rich.

I'm not saying reducing taxes on the poor is bad. But it is true to say taxes on the poor are more deflationary than taxes on the rich.

[Anonymous No.51101576]

>>51100526
>Impossible to pay the debt off because all money is created out of debt.
Fundamentally wrong, that’s the neat part, you don’t pay the debt directly, but you pay it with loss of purchasing power due to monetary debasement and wealth being confiscated
>why my salary is only 2x but house prices went up 20x?
>why I cannot afford to pay bills now?
>Biggest scam in existence
True
>and nobody cares
only morons don’t care, I keep acquiring hard assets

[Anonymous No.51101596]

>>51101272
>relying on private property theft to counterbalance uncontrolled monetary counterfeiting by central banks
commies should be hanged

[Anonymous No.51101604]

wheres my 20k

[Anonymous No.51101694]

>>51098277
now do the war in ukraine (solely funded by biden administration in the period of 4 months)

[Anonymous No.51101985]

>>51098235
MAGA guy is correct, except they don't cancel the debt. They simply make taxpayers pay it lol

Giving tax cuts is simply letting keep more of their OWN earned money.

Paying off student debt burden is taking money they already stole from working people and distributing it to retards and vultures.

[Anonymous No.51102040]

>>51098235
That is literally a bot account designed specifically for two purposes:
1) Paint anyone who opposes the democrats as mouth breathing "redneck" maga hat wearing fools
2) Enrage leftoids and move hyperpolarization along

[Anonymous No.51102052]

>>51098449
>Liek points on a scoreboard!

[Anonymous No.51102105]

>>51098449
I'm going to start finding people like you and hurting you. I'm going to hurt you so badly. I'm going to pull all the teeth out of your mouth with pliers.

[Anonymous No.51102250]

>>51101596
Your understanding of monetary theory is flawed

[Anonymous No.51102270]

no debt was cancelled, they are just selling their ponzi scheme (t bills) to bail them out

[Anonymous No.51102318]

>>51098279
It doesn't though. If anything, the moratorium on debt payments caused inflation because income normally used to repay back debt was potentially used for goods and services in the economy, creating higher demand relative to the amount of goods and services available.

In this case, the consumer is not getting 10k cash, but instead the debtor is being repaid. You could argue that the funds paid back to the debtor would potentially cause inflation, but it depends on what the debtor does with the funds when it receives it.

[Anonymous No.51102330]

>>51098235
Canceling debt doesn't decrease inflation though. The inflation was created when the money was loaned into existence

[Anonymous No.51102332]

>>51098279
It doesn't though. If anything, the moratorium on debt payments caused inflation because income normally used to repay back debt was potentially used for goods and services in the economy, creating higher demand relative to the amount of goods and services available.

In this case, the consumer is not getting 10k cash, but instead the debtor is being repaid. You could argue that the funds paid back to the lender would potentially cause inflation, but it depends on what the lender does with the funds when it receives it.

[Anonymous No.51102351]

>>51098320
In this case, it doesn't free up cash flow unless you're referring to the 18% of debtors that continued to pay off their debt, despite the moratorium.

The moratorium already freed up cash flow. Whatever inflation was going to happen already happened. In fact, the government could put an end to the moratorium and that would be deflationary.

[Anonymous No.51102370]

>>51102351
>debtors that continued to pay off their debt, despite the moratorium.

[Anonymous No.51102397]

>>51102370
Apparently there is some. The logic is that interest rates were at 0%, so they could quickly pay off debt without accumulating a significant amount of interest which is the real problem.

[Anonymous No.51102430]

>>51102370
I was so close to paying it off, I didn't know sleepy man would actually do it.

[Anonymous No.51102473]

>>51098235
For anyone who doesn’t understand how this is inflationary, there are many reasons but here is one: a lot of people are going to be potentially up to $10,000-$20,000 more credit worthy. That means that more loans will be taken out and that money will compete to bid up prices on anything people can get a loan for.

[Anonymous No.51102504]

>>51102430
O ye of little faith. I knew he had our back day one. He will free us on the year of jubilee

[Anonymous No.51102575]

>>51102430
Enjoy your handouts lazy fuck

[Anonymous No.51102688]

>>51102040
Bot shit is really getting out of hand.
Sometimes I wonder if there are foreign actors pushing division on social media.
Maybe that's why they're so guarded about theirs.

[Anonymous No.51102692]

>>51102250
Money doesn’t require any theory
It just requires central bankers and tax authorities to fuck off so we can stop fraud, counterfeiting and wealth confiscation
You are probably confusing sound money with food stamps subjects to terms and conditions

[Anonymous No.51102710]

>>51102397
I think that current student loan rates should be reduced to zero, then the student loan program eliminated.
Student loans should be a debt dischargeable in bankruptcy. That's literally our economic balance and we're fucking it up.

[Anonymous No.51103275]

>>51098378
you'll get your trickle when feminism cares about men, which is never

[Sage No.51103333]

>>51098235
>1pbtID
All fields

[Anonymous No.51103836]

covid checks cauaed inflation. why wouldn't debt checks?

[Anonymous No.51103847]

>>51098277
you forgot the black hole called ukraine

[Anonymous No.51103854]

fu Q