I have an economics teacher that made this claim in class yesterday. I wanted to know other people’s thoughts about it.

  • theonlytruescotsman@sh.itjust.worksEnglish
    11·
    16 days ago

    Except it’s new money that’s made up, and in the case of student loans, most of that money isn’t traded for goods and services, instead more than 3/4s of the money created goes back to the lender.

    • curious_dolphin@slrpnk.netEnglish
      2·
      15 days ago

      Looks like we are not going to agree on this, which is okay—I enjoyed the discussion nonetheless. Have a nice day.