[dragonwriter]

> I guess this comes down to semantics. Paying off an old loan with a new one isn‘t ”paying off your debt“ in my eyes. You are still in debt afterwards.

In the context of meeting obligations to creditors, which is what is being discussed, it absolutely is.

> The total amount of debt will never come down again without hyperinflation.

What has fundamentally changed since the last time it did which was (checks) Q2 2019?

> Whether that is good, bad, or doesn‘t matter is up to economists. But that‘s how it is.

There is very little reason to believe that. In fact, to the extent that the debt and inflation are related, the same acts which drive the debt up drive inflation, not the other way around.