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[–] 23031041? 0 points 1 point (+1|-0) ago  (edited ago)

I get the general idea. Debt is just a subjective reality, same as profit (but not for individuals like me or you).

BUT, this only benefits Gov and Corps, right? Will it be used for personal debt such as students loans, credit cards etc ... ?

I get it, it up to people to make good financial choices but I argue they made things more expensive (inflation) and killed industries to force consumers to get debt.

Also, if the gov can do this and wipe out debt, will the next admin be able to do it?

If the Green New Deal passes, does that mean they can do this to pay for their plan? Maybe it was about this anyway.