The ancients were much smarter/less acculturated to debt than we are. However, we need to be smarter than the ancients. Why? Because the debt jubilees of the ancients were good, but it didn’t resolve the deeper problem of the human civilization-long paradigm concept for the creation and distribution of all new money which is Debt Only. In other words the ancient’s debt jubilee was a palliative reform…but the debt jubilee wsn’t continuous so Finance went right back to dominating all economic agents for another 60-70 years until debt jubilee was again recognized as necessary. With the tools of double entry bookkeeping and digital technology we can now make debt jubilee continuous and permanent as well as double everyone’s purchasing power further inhibiting the continual build up of private debt with a 50% Discount/Rebate policy at everyday consumer retail sale as well as the retail point of Finance which is one’s mortgage, automobile, insurance or other big ticket item’s monthly payment.