Our monetary system is design so that you can switch to anaerobic economics (printing money) at time of crisis (war, pandemic, famine, depression, etc), and then metabolise the debt later on after the crisis has passed.

The vulnerability of course is that someone captures the system and boils it in perpetual crisis.

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It seems overly generous to ascribe to our system a design.

This assumes there is growing surplus value extraction afterwards. That's the difference today.