[expat_panama]

If ALL DEBTS public and private were PAID OFF today, would there be ANY Federal Reserve Notes or Credits in existence??

No.   Total public & private debt: 57,538.86 Billions of Dollars; total money supply: 12,727.7 Billions of Dollars.  The good news is that it's always been that way and it's never been a problem.

[eyeamok]

The good news is that it’s always been that way and it’s never been a problem.

Wrong, We didn’t used to have BORROWED MONEY, there was 150 years where we actually Coined Money, and it was not Loaned into Society at Interest by The Federal Reserve Corporation.