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I hope that society developes a different view of debt and consumer debt in particular through all this. One thing to note, is that either the paying off or wr
by RobGR 17y ago
I hope that society developes a different view of debt and consumer debt in particular through all this.
One thing to note, is that either the paying off or writing off of debt is deflationary -- something that was an asset on someone's books, either simply vanishes, or else is replaced by money that was extracted from the economy.