Cancelling Student Debt Is A Big Mistake



Cancelling student debt is not the answer. In this clip recorded in May 2022, Anthony Pompliano explains why it would be a bad idea for the United States government to forgive student loans and how it would only lead to more issues down the road.

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Pomp writes a daily letter to over 200,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/

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Student Debt Relief Shows Why All Politics Is Now an Inflation Debate



This episode is sponsored by Nexo.io, Chainalysis and FTX US.

According to reports, U.S. President Joe Biden is about to finally take action on student debt relief, wiping away $10,000 in federal debt for those making less than $125,000 a year (or $250,000 as a married couple). While the debate started on the campaign trail in 2020 as one of economic fairness and justice, today it is almost entirely about the potential impacts on inflation.

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I.D.E.A.S. 2022 by CoinDesk facilitates capital flow and market growth by connecting the digital economy with traditional finance through the presenter’s mainstage, capital allocation meeting rooms and sponsor expo floor. Use code BREAKDOWN20 for 20% off the General Pass. Learn more and register at coindesk.com/ideas.

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