The simple issue at hand is who controls the total quantity of $ credit can debt in the economy, and who benefits from increasing it.
Maybe you are some 2nd rate publicist for Greenspan, I dunno. But you seem awfully concerned to obscure, deny or ignore the fact that money is created by the treasury / federal reserve (with perhaps, and ignoring their golden slice of the action, largely irrelevant middle men in the transaction); that its effect has been inflationary; that certain folks/entities benefit at the expense of other folks /entities; and that it creates perverse incentives that distort the economy and lead to malinvestment.
Why are you avoiding my very simple question? Just admit your statement was wrong, and I'll answer the very simple questions that I'm sure you already know the answers to.