I don’t know how to handle this Economics question and need guidance. Here is a really interesting video of a group trying to convince students to sign a petition to devalue the dollar by 50% every month. Their argument is based on the premise that this would eliminate student loan debt. After watching this discuss the merits of this plan. Would raising inflation accomplish the objective of eliminating student debt? What is the basis for support of this plan? What are the unintended consequences of this plan? How might this hyperinflation be applied to other things in the economy? Who would be hurt most by this? Who would be helped most? Here is the link for the video.

Published by
Writing Estate
View all posts