Money is debt... Is this true?

I'm sorry I can't answer your question, but what you're saying makes absolute sense. If the money really is loaned then I can see how meltdowns are completely unavoidable, it really shows just how messed up everything has really become. I have a friend that knows all about this stuff and he'll absolutely love this question, I'm sure you'll have an answer by the time I ask him, but I'll post it here nonetheless.