Its good you’re finally analyzing debt conceptually because paradigms are applied concepts and paradigm changes are the most progressive phenomena in human history. The core of the problem is private banking wields a monopoly paradigm of Debt Only for the creation and distribution of all new money. The word “Only” designates it as a monopoly concept/paradigm, and it is entirely analogous to the Roman Catholic’s monopoly paradigm of Salvation Via Roman Catholic Sacraments Only. There isn’t anything intrinsically wrong with debt itself…only its monopolization. Debt jubilees are fine, but they’re palliatives because they don’t continuously deal with the monopoly. The most efficacious way to deal with the Debt Only monopoly paradigm is to find a place and time in the economy that everyone participates in and is a continuous action and aspect of the economy itself…like retail sale. Thus a policy of a 50% Discount/Rebate at both regular consumer retail sale and the retail point of finance (your mortgage, insurance, automobile or other big ticket item’s monthly payment) would reduce cost and the rate of increase of debt CONTINUOUSLY while with the rebate aspect of the policy make the merchant whole on their entire price. We needed the Protestant Reformation and we now need a monetary and economic reformation as well.