Message from @Cryrosphere

Discord ID: 687501555104088179


2020-03-12 03:23:00 UTC  

we are out of time and assets for that

2020-03-12 03:23:04 UTC  

forcing colleges to lower prices

2020-03-12 03:23:28 UTC  

any attempt to do that will cause people to sell off asseets to free up liqidity

2020-03-12 03:23:29 UTC  

the only reason collage is so expensive is cause the banks WILL give out that much cash

2020-03-12 03:23:36 UTC  

@Big Krunkus - So there's your argument. Republicans have implemented no meaningful legislation to alleviate the student debt crisis, while Democrats are constantly pushing proposals to give graduates the opportunity to succeed in the workforce.

2020-03-12 03:23:43 UTC  

that sell off will result in the currency inflation skyrocketing

2020-03-12 03:23:58 UTC  

whilst i don't think the dem plans are exactly good

2020-03-12 03:24:01 UTC  

they're better than nothing

2020-03-12 03:24:06 UTC  

wrong

2020-03-12 03:24:20 UTC  

how will it result in inflation

2020-03-12 03:24:22 UTC  

nothing is what we should have done AGES ago

2020-03-12 03:24:27 UTC  

LET THE BANKS FAIL

2020-03-12 03:24:31 UTC  

Why don't we just make the billionaires pay for it

2020-03-12 03:24:41 UTC  

you know how many people will get alienated if students get all there debts cleared

2020-03-12 03:24:49 UTC  

AND let the interest rate rise

2020-03-12 03:25:00 UTC  

@Big Krunkus who is the arbiter of who gets to pay for someone else's debt

2020-03-12 03:25:07 UTC  

billionaires will pay for it untill they move to another country

2020-03-12 03:25:21 UTC  

Uh, why not me?

2020-03-12 03:25:28 UTC  

hence my argument @Mentrex

2020-03-12 03:25:39 UTC  

oh i fully agree

2020-03-12 03:25:43 UTC  

why let intrests rise?

2020-03-12 03:25:45 UTC  

companies holding that debt will think the gov is coming for their shit

2020-03-12 03:25:49 UTC  

isn't that a bad thing?

2020-03-12 03:25:54 UTC  

and start selling their shit like mad

2020-03-12 03:25:56 UTC  

but im more you signed on the line man up to what you did

2020-03-12 03:26:16 UTC  

the banks are predatory

2020-03-12 03:26:24 UTC  

@Big Krunkus - There's currently 607 billionaires in the United States. Taxing 5% of the wealth from any *single* member of the top 10 on the Forbes 400 list would result in the repayment of all US student loans, which could be incentivized by tax breaks.

2020-03-12 03:26:44 UTC  

they are billionairs only cause of the stocks they hold

2020-03-12 03:26:50 UTC  

damn that's a lot of billionaires

2020-03-12 03:26:52 UTC  

they dont have 160 billion in the bank

2020-03-12 03:26:55 UTC  

@Mentrex that is also a very 1 dim way of looking at things

2020-03-12 03:27:01 UTC  

Taxing capital gains of course <:pepelaugh:544857300179877898>

2020-03-12 03:27:20 UTC  

they current situation doesn't let people both earn on savings AND have liquidity

2020-03-12 03:27:24 UTC  

so ur saying if i get a loan and cant pay it its cool if i get the goverment to clear it?

2020-03-12 03:27:27 UTC  

any extra mo ney is invested

2020-03-12 03:27:48 UTC  

AND...most importantly, if u pay only cash, pay as you go?

2020-03-12 03:27:57 UTC  

why don't we just scrap it like i said earlier, colleges spend the money on useless shit anyways

2020-03-12 03:28:03 UTC  

they didnt NEED to go to collage

2020-03-12 03:28:10 UTC  

you get fuckeed becauuse they don't allow collateralized loans to just anyone

2020-03-12 03:28:20 UTC  

Ok, I have been enlightened on the issue

2020-03-12 03:28:29 UTC  

yeah college is not a neccessity it's actually starting to wane in popularity due to cultural degeneracy