Asklemmy

44152 readers

730 users here now

A loosely moderated place to ask open-ended questions

If your post meets the following criteria, it's welcome here!

Open-ended question
Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
Not ad nauseam inducing: please make sure it is a question that would be new to most members
An actual topic of discussion

Looking for support?

Looking for a community?

~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~

founded 5 years ago

MODERATORS

submitted 2 weeks ago by lriv724@discuss.online to c/asklemmy@lemmy.ml

55 comments fedilink hide all child comments

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

you are viewing a single comment's thread
view the rest of the comments

[–] iii@mander.xyz 0 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

One party's debt is another party's asset.

So yes, cancelling a debt looks the same as stealing cash in the issuing party's bookkeeping.

[–] Clasm@ttrpg.network 1 points 2 weeks ago

So I guess all of those unsupervised PPP loans that were forgiven were a nice feather in the Democratic hat, then, huh?