[chii]

Never denied that money and debt are the same. I am denying that printed money is the same as debt money.

[kelipso]

You are talking about printed money as in real world coins and paper/cloth cash? That's just not relevant at all in this age.

[chii]

no, i'm not talking about physically printed money. I'm talking about generating money not via debt, but via "wishing" it into existance.

Banks generate money via debt. This is OK. If the treasury starts printing money - like what Zimbabwe or Venezuela did (or the Weimar Republic[1] pre-WW2) - then you will get rampant inflation.

[1] https://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_R...