Since “money” now is debt, if all debt were paid off, there would literally be no (fiat) money.
Paying down the national debt would cause a collapse, the current system would simply cease to function long before it could be paid off.
Kinda insane that the U.S. government is literally never going to pay off the national debt… https://v.nostr.build/j2Pd6EeOiZzsAvfZ.mp4
Since “money” now is debt, if all debt were paid off, there would literally be no (fiat) money.
Paying down the national debt would cause a collapse, the current system would simply cease to function long before it could be paid off.
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