289 sats \ 3 replies \ @grayruby 4 Jan \ parent \ on: A Couple of Articles About the Fed econ
Transitory until they pump another x trillion into the system.
At some point the student loan folks will realize if they all don't pay bailout is the only option.
There's an interesting prediction that the government will forgive all those student loans as a means of increasing tax revenue. The idea is that the government will treat the forgiveness as taxable income, which will let them at least get some of it back.
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If there are people who could make their loan payments but are choosing not to, this would work on them, because you can go to jail for not paying taxes.
For people who really can't make a payment, this would reduce the government entitlements they qualify for.
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