As defined in FUNKTIONARY

debt – (Latin) debeo, meaning “I owe;” obligation to pay; the undelivered (not received) portion of an exchange. Debt is an ingenious substitute for the chain and whip of the fascist slave-driver. Debt used as “money” does more than stimulate and shackle those who labor in an economy—it also compels them to conform and make them behave. People construct their own financial cages with bars of debt, usury as a lock, interest being the key, and the warden a loan ranger “bankster,” and there is no parole for those on debt-rolls of debt-row. We really don’t fully comprehend debt nor its implications as a conduit for exchanges. The power differential of debt and compound interest is mind-numbing. Our global economic system is based entirely on bank created imaginary debt-proliferation—exacerbating the complexity, velocity and magnitude of socioeconomic, environmental and psychological problems the world over while devaluing the notion of any holistic or meaningful life. Debt-based so-called “monetary systems” are a parasite and plague to natural economies and voluntary exchange. Debt extends and pretends forever (the imaginary exponential debt expansion system). Debt is a word which almost no writers and mendicant-minded pundits on monetary theory and practice seem too definite. Running into debt (secret slavery) is not so bad, it’s just that running into your alleged creditors can be embarrassing—despite credit being no thing. Debt-as-money (imaginary demand) is in reality nothing more than the illusion of wealth. When what we use as (if it were) “money” is imaginary debt, there can be no freedom. (See: Debth, “Credit,” “Monetized Debt,” UCC, Co-Surety, FRACTURE, Thing, Political Money, IRS, Flag Money, Cultural Induction, Gangbanking & Debtonation)