[bandushrew]

Debt doesn’t have to be seen as borrowing from the future, it can also - depending on culture- be seen as borrowing from the past. I give you the difference of a cow and a sheep now, and next year when I need it, I will have a claim that may help me survive. Even today that attitude exists in some cultures and some families.

[bullen]

What you just described is debt from the view of the lender, it's still debt.

Now imagine if the lender could just print cows! Now you know how the current clown show is run (debt = inflation, as real interest rates go below zero)!

And by failing to understand it you are punishing your own kids.