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I would argue this would actually cause inflation: all of those folks who have to pay for those student loans will start buying more goods, houses and services,
by thatfrenchguy 5y ago
I would argue this would actually cause inflation: all of those folks who have to pay for those student loans will start buying more goods, houses and services, increasing demand, which could increase prices in turn.
- hpoe 5y agoWell you would be wrong. Inflation doesn't just happen because people are buying more things. Inflation occurs when more money is brought into the system but the amount of goods remains constant.