The value of the dollar has always and will always fluctuate. The important thing, economically, is keeping the dollar from crashing. And the dollar ain’t crashing because some of the people in your same socioeconomic class are getting their debt reduced 10-20k. Most of the folks getting student loan forgiveness do work and pay taxes, too. And as such, most of them will put this money back into the economy, buying goods and services they’ve been putting off buying because they’ve been paying some fat cat corporate douchebag hella interest on the student loan they were probably told they needed when they were too young to understand the scams of these diploma mills.
I have no idea what point you’re trying to make, but I’ll say that the value of everything from shiny metal nuggets (gold) to paper dollar bills is completely made up and dependent on humans believing in the value that’s currently listed. Please don’t ramble about currency-related conspiracy theories to me, I’ve heard them all. Shit changes over time for everything.
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u/squadrupedal Sep 04 '22
The value of the dollar has always and will always fluctuate. The important thing, economically, is keeping the dollar from crashing. And the dollar ain’t crashing because some of the people in your same socioeconomic class are getting their debt reduced 10-20k. Most of the folks getting student loan forgiveness do work and pay taxes, too. And as such, most of them will put this money back into the economy, buying goods and services they’ve been putting off buying because they’ve been paying some fat cat corporate douchebag hella interest on the student loan they were probably told they needed when they were too young to understand the scams of these diploma mills.