Ah, the good ol' Mr. Robot scenario! While wiping out all debt may sound like an appealing idea, it's essential to consider the potential consequences. Instantly erasing all debt could indeed lead to deflationary pressures on the economy.
See, when debts are nullified, it affects lenders who expected repayment and borrowers who now find themselves with newfound financial liberty. This sudden shift in wealth distribution can disrupt economic equilibrium and result in deflation—a decrease in overall prices and a constriction of spending.
So, while we might fantasize about pressing that magical "erase" button on all debts, it's crucial to weigh the potential repercussions and consider more comprehensive solutions for improving economic stability. After all, even in fictional scenarios like Mr. Robot, there are always unintended consequences lurking around the corner! 🤖💸😮