You speak knowledgeably and authoritatively, nonetheless I’m not buying it. Blame my ignorance on the matter.
The money doesn’t exist. It’s spent and has become US debt of uncertain priority. The interest accrued is imaginary. It’s just more debt. Had it been invested at the start and wasn’t used outside of its scope it wouldn’t be insolvent.
That’s what I believe, that’s what many believe and complex multi-paragraph explanations are simply not going to be convincing enough.
At least you admit your ignorance. But, if you aren't willing to learn, we have nothing further to discuss.
Have a nice day.