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.
See also: Wounded Crypto Traders Desperate for Clues From Fed’s Big Meeting This Week
“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is “The Now” by Aaron Sprinkle and “The Life We Had” by Moments. Image credit: Nuthawut Somsuk/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
