It would just be trading deflation for inflation. Canceling debt for folks who are not savers is a potential source of short term stimulus- i think this is what he's after prior to election. Not to mention the pandering to voters (as if voting mattered)
30 million people will have to start paying in 2 weeks. This will get choppy
It would just be trading deflation for inflation. Canceling debt for folks who are not savers is a potential source of short term stimulus- i think this is what he's after prior to election. Not to mention the pandering to voters (as if voting mattered)