In his column “High court sometimes makes right decisions” [Recorder, July 24], Richard Fein cites the defeat of the Biden administration’s plan for student debt relief as a reasoned decision of the current Supreme Court. Fein states that “under the Biden plan, hundreds of billions of dollars would not be paid to the U.S. Treasury. It follows that either other expenditures would be cut, taxes would be raised, or the national debt … would be increased.”

The writer omits another possibility: The U.S. Treasury could simply press a button and create the hundreds of billions of dollars that would not be taken from student debtors. The U.S. dollar has not been on the gold standard since 1933. If the U.S. Treasury wants to make money, it makes money. It does not rely on citizens to resupply it.

Peter Flynn

Greenfield

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