Re:Student Loans. Medical Debt. Criminal Justice Fees. Cance...
by gruez on Friday July 02, 2021 @11:27AM
(#27712743)
> This is not really helicopter money in that sense, you’re not giving out unallocated free money, you’re just doing cash flow relief.
That's if you're only looking at the repayment stage of the loan in isolation. The way loans work is that:
1. you get money upfront in exchange for nothing
2. you pay it back
If you take out the second step ("cash flow relief"), then all you have left is "you get money upfront in exchange for nothing" which is the definition of helicopter money.
That's if you're only looking at the repayment stage of the loan in isolation. The way loans work is that:
1. you get money upfront in exchange for nothing
2. you pay it back
If you take out the second step ("cash flow relief"), then all you have left is "you get money upfront in exchange for nothing" which is the definition of helicopter money.