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.works
    link
    fedilink
    English
    arrow-up
    1
    arrow-down
    1
    ·
    14 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.net
      link
      fedilink
      English
      arrow-up
      2
      ·
      14 days ago

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