Posted 11/30/2022 16:31 (#9958345 - in reply to #9958326) Subject: RE: What if….
MT-ND
Well those who successfully pay off debt would now have more spending money(no or less payments) and then probably turn around and borrow again, the companies and banks would probably give a bonus to their board, who would either invest it or blow it.
So probably about like it is now, but more so towards the more well off.