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Re:Taxing Mechanical Engineers and Subsidizing Drama Majors by Ekaros on Monday September 19, 2022 @12:53PM (#32900830)
Debt is money...
Re:Taxing Mechanical Engineers and Subsidizing Drama Majors by hashmap on Monday September 19, 2022 @12:59PM (#32900924)
That disappears when forgiven, exactly.
Re:Taxing Mechanical Engineers and Subsidizing Drama Majors by s1artibartfast on Monday September 19, 2022 @10:02PM (#32906755)
If you loan me 10k, and then later forgive the loan, you are still 10k in the hole. I spent the 10k on goods and services, and you have 10k less that you can spend.

Alternatively, can I borrow $10k from you?