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

  • @iii@mander.xyzEnglish
    1•4 months ago

    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•4 months ago

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