Debt is ultimately an idea, and so is monetary grace/consumer gifting as a policy. If the ultimate and moment to moment actual problem of the economic system is that as flows costs exceed individual incomes, then monetary grace/consumer gifting is the only way to stabilize and equilibrate the system. Why? Because a gift of money distributed directly to the individual increases individual incomes…without adding an additional cost to the system that enterprises are then compelled to pass along to the consumer at retail sale where costs are ultimately summed for any product or service. A costless input, a gift is the only policy that penetrates and reaches all the way to the individual, thus freeing both him from his enslavement to the unstable system that oppresses him, and the system itself by transforming it from an unworkable one that erodes profit and savings and that hangs up on a continuing basis to one which is free flowing and ethical in that it serves the individual instead of forcing the individual to serve it despite its onerousness.