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Student loan payments are kicking in once again and that's going to remove Billions in discretionary spending from the economy! So maybe the Fed/US Treasury De
by Farfignoggen 3y ago
Student loan payments are kicking in once again and that's going to remove Billions in discretionary spending from the economy! So maybe the Fed/US Treasury Department needs to be taking that into consideration for any possibilities of future Interest Rate hikes, So the money supply after the return of Student Loan Payments will see a large volume of cash flow taken out of any discretionary spending dependent consumer market segments each and every month from now on. And the multiplier effect of that discretionary spending void makes that even more than just a simple dollar for dollar calculation there.