[LumberJack53213]

I’m beginning to think that with a fiat currency , debt is meaningless. Remember , the dollar in your pocket is someone’s debt. Money is debt.

[babble-on]

It’s meaningless -— right up until the moment you can’t sell any more debt. Then it becomes quite meaningful.

[Poison Pill]

I’m beginning to think that with a fiat currency , debt is meaningless.

If debt is meaninless then the currency in which it is denominated has to be meaningless, no?