Can anyone get on the debt forgiveness wagon? The idea of having spare money again is attractive.
Why not our entire debt as a nation? These interest payments are holding us back.
Wow! I have an idea! Why not just print up some more money and pay all the debts for everybody! That would fix EVERYTHING! You know, even better... Why not just print up enough money to give everyone a million dollars? We could stop poverty in it's tracks! Shoot, why stop there let's give everyone in the whole wide world a million dollars! Whirled Peas in our time. ; )
It has been done before. Read “The Bubble that Broke the World”. Germany circa 1929 did just that. Look how that turned out.