May 21, 2022

1 thought on “Biden canceling student debt would make inflation worse, experts warn

  1. The Banks are not on the hook for the canceled debt. The school already got their money. The Feds said they would back the student debt if canceled. The problem is the Fed’s don’t have money and they can’t just make it go away as it’s already spent. So it’s added to the National debt to be paid off by you guessed it. The taxpayers! You and me….
    “Cancel student debt” is a lie. It is simple redistribution of money owed by some to those that were not a party to the contract. It is a tax and for what it’s worth the Executive Office has no authority to institute a tax. That must start in congress.

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