All newly created Debt creates Federal Reserve Notes/credits, this New Money is created out of thin air and spends the same as existing money, but it is diluting the current specie by the exact percentage that the new money represents.
To put it simply , it is WATERING DOWN THE BOOZE! Today you need 2 quarts to get drunk, in 1971 you needed 2 shots.
I can go to the bank and borrow new money, today. And I can get all those awesome benefits you mentioned earlier. Sounds pretty cool.
this New Money is created out of thin air and spends the same as existing money,
And it sounds like anyone can do it, not just the shadowy insiders who scare you.