Pretty vicious to the people who took on less debt and paid their bills that they have to absorb $1.5 trillion more. There should be an online university for people who shouldnโt be taking excessive debt. Google once proposed a free online university but got stopped by big Educ.
That's a reasonable description of where wealth and value come from. It's not a good description of where money comes from. Money is a proxy for value in ideal cases, but the way money works in our society today, it simply isn't. Money is broken. #Bitcoin fixes it.
I agree that wealth is created by people, but you want to punish the people who create it and reward the people who didnt earn it in misguided belief that the lack of other people's money is what is stopping them.
The founders of most big tech companies didn't go to college.