Just saw your recent interview with James Corbett. I agree that, currently, all money is debt, but that indeed is the problem. Debt Only is the current monetary paradigm and we are seeing all of the anomalous problems that monopolistic concept is creating. The new paradigm concept is Direct and Reciprocal Monetary Gifting the policies of which will by far create more individual and commercial abundance than the current paradigm. Debt/Borrowing won’t be banned, just its monopolistic nature and the most misaligned forms of it like the inevitably unstable derivative nonsense lurking in the shadows. Private Finance and the vast majority of its financialized casino is a dominating and destructive human civilization long Dodo. State banks and a national infrastructure bank as you envision will be perfectly legitimate enterprises, but we’ll at the very least have to revamp the charter of the FED. Yet a truly publicly administered non-profit national banking system should also be created at least for homes, autos and other big ticket items that create the security and abundant lifestyle of the individual. That way the FED can fund the 50% Discount/Rebate policy at retail sale thus integrating the new paradigm directly into the economy’s payment system, and a non-profit national bank would have no problem with the 25-50% debt jubilee policy at the point of loan signing.