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I think I'd be in favor of discounting them / forcing the interest rate down to ~0% so that they get eaten by inflation over time. I don't think it's right to
by war1025 7y ago
I think I'd be in favor of discounting them / forcing the interest rate down to ~0% so that they get eaten by inflation over time.
I don't think it's right to let people who sacrificed go high and dry while the people who abused the system get a break, though that is often how it plays out.
But it seems like there would be ways to lessen the burden for people who did take big loans without it being a complete handout.