Re:Fed Prints Another $205B This Week, M2 Growing at Fastest...
by isoskeles on Friday April 24, 2020 @08:03PM
(#22974291)
Misses the point, but sure, "student loans" is a fair comparison. The name doesn't matter to me, it's all debt.
I don't see it as "technically" fine that the rate at which the debt grows consistently exceeds the rate at which the income grows. There comes a point in time in which the principal of the debt is large enough that minimum payments exceed income.
I don't see it as "technically" fine that the rate at which the debt grows consistently exceeds the rate at which the income grows. There comes a point in time in which the principal of the debt is large enough that minimum payments exceed income.