The 1913 generation was told they needed the federal Reserve to issue and manage our currency to eliminate boom/ bust cycles ( we saw/see how THAT worked out, it didn’t ) with a debt based fiat currency what fed res notes were borrowed into a distance and disappear wheen repaid.
If you eliminate the debt on our economy you litteraly eliminate all the Fed resnote ‘ dollars’.
To payoff the debt is to extinguish the dollar.
It was an unworkable con job then and remains one to this day that most have no idea of.
with a debt based fiat currency WHERE fed res notes were borrowed into a EXISTENCE and disappear when repaid.