Spending does not creat debt - borrowing does.
If you pur 100 large on your visa card, you just might experience a problem with debt. Might. But if you make the same purchases without visa - with cash - it's not likely you'll experience a debt problem.
The govt borrows money collateralized by the good faith and trust IN the govt. Instead, it could directly issue the money - wikthout debt - with the SAME good faith and trust backing the value of that money. We do not need debt. But those few and powerful American and European banking families WANT us to need debt in order that they might maintain their power, control and wealth.
After the charter for the first incarnation of the Fed expired, the congress voted to charter a new one. Recognizing that the bankers were a "den of vipers", president Jackson vetoed the charter. In 1832, Nicholas Biddle, head of this second bank, threatened depression of Jackson's veto was not overturned by the congress: "Nothing but widespread suffering will produce any effect on Congress ... we (bankers) must persue a course of monetary restriction (tightening the money supply to cause depression) which will lead to the restoration of the currency and the re-charter of the bank." Jackson's veto was not overturned and Biddle and his henchmen made good on his threat.
In the absence of the debt-money system, our economy flourished to the extent that the 'powers' feared that the rest of the world might catch on. Recognizing their power and foreseeing their intentions, Jackson, in his farewell address in 1837 proposed: "Have designs been formed to sever the nation?" He knew of the intent of the powerful European banking families' to keep the world enslaved to debt ... and the only way to prevent our success from spreading was to divide and conquer, ie: the Civil War.
The 'powers' have had decades to deflect the public's attention away from the real (debt) problem to others ... like spending ... in the same manner that a magician misdirects our attention to create HIS illusions.
