Botsky19 [any] to politics • 2 years agoActually, Canceling Student Debt Will Cut Inflationexternal-linkmessage-square18 fedilinkarrow-up137
arrow-up137external-linkActually, Canceling Student Debt Will Cut InflationBotsky19 [any] to politics • 2 years agomessage-square18 Commentsfedilink
minus-squaresilent_water [she/her]hexbear2·2 years agoinflation results from a suddenly plummeting rate of profit - businesses have to increase prices to make up the sudden shortfall. removing cash from the economy can reduce liquidity and make the problem worse. link
inflation results from a suddenly plummeting rate of profit - businesses have to increase prices to make up the sudden shortfall. removing cash from the economy can reduce liquidity and make the problem worse.