The public are being swindled and are clueless about it.
All of the US debt can be written off by US citizens but the banks, public corporations and private businesses don't allow people to do that.
Instead they use stock exchange, savings accounts or perform legal transactions to buy assets with the profits so that the money can't be claimed back by the public to write off or pay down the debt easily.
What happens instead is the public stay retarded to how they are supposed to operate within the fractional reserve banking system and instead the public allow banks and businesses to never pay off the debt owed to them in their name.
The public are the ones that create the money and the banks are in debt to them but people believe it is the other way around.
A bank cannot produce a fractional reserve bank note/loan without the signature of a living man or woman with a birth certificate and an unlimited social security bank account aka a United States Public Citizen………….
That signature of the Citizen allows the bank to go into debt to that Citizen and pull money out of that unlimited bank account from the living man called the social security trust fund. All US Citizens have a trust fund in their name. So once the money is pulled out by the bank the bank is now in debt to the living man aka the public.
In reality the US citizen can write off their own loan but this is also kept hidden from the public instead the banks charge citizens the exact same amount that the bank goes in debt to and use the immediate funds for other things like providing business loans or they use it for buying up assets like homes and properties or hand out cash advance loans.
The public are simply unaware of this and allow their debt owed to them to never be paid off even after they die.
The public never claims their funds properly they just think they need to pay back the banks because they know the banks have created a debt in their name 🤦♂️🤦♂️😂 this is simply called retardation. They could simply sign their names on the receipts so that the debtors can show evidence that the debt has been paid off to them.
Banks issue people repayment plans because they are charging the people for pulling their own money out of their own unlimited social security trust fund. The banks are essentially issuing the creditors a re-payment of their own funds and requesting that the creditor, which is the citizen, pay the bank twice once when they pull out the money and then charge you for that service with added interest on top.
Citzens simply need to change the contract of the loans so that there are no repayments before they sign their name to the contract because the banks are simply scamming the them and the general public out of their own money.
Another way of fixing the public debt is realising why we are all given receipts every single day when we buy things... We are given receipts so that we can claim our abandoned funds back in a way of a refund and then that refund can be accepted as a write off to the public debt by the public or private business owner that took out a business loan from the fractional reserve banking system.
There is so much more to be said about this but that would require hours of writing.
But basically anytime a bank creates money for the creation of a reserve note/loan the only people that have the power to write off the public debt is the public.
So for example if a business gets a loan of 10,000,000 reserve notes to make cars and pay their employees then when a living man or citizen goes and buys a car the living man should pay the cost of the car then claim the cost back as a refund without claiming the tax back because the only thing the business has a legal obligation to pay is the taxes the rest of the money can be claimed by them also.
Public business owners are not allowed to make profit, and are allowed to offer guarantee notes back to the banks instead of a actuallypaying off the loans.
The guarantees are in the form of public confidence notes which are assessed through stock exchanges prices and profit margins etc.
So instead of paying back their debts, the banks will accept these guarantees and will allow the public business to recieve more public funds to continue operating as a public company.
All profits just have to become allocated funds and this is why they are able to give themselves "bonuses" otherwise it has to be sent back to the bank to pay off the public debt, if funds are not claimed back after 30 days of purchase by the creditors which is the public they sold their public products and services to.
So if the buyer claims the money back then the business now has a signed document by the public issuing them to write off that amount of the public debt. The bank will accept this and then they can start using these receipts with the public's signature to start writing off or paying down the public debt.
Your money would become worth a lot more if people used the system properly.
The proper way to do this is to never claim back the tax amount paid otherwise the sale becomes void and the business will have to either pay the tax themselves and take a loss or they will ask you to return the product and then resell the product or they may actually claim tax exempt write off and hold the debt in their books which is an incorrect way of doing business.
It's important that people do not claim a full tax back refund and only claim back the abandoned funds without the tax.
There are so many ways to pay down the public debt but instead the rich love that the public are so retarded to the fractional reserve money system that they will carry on doing this forever if the public let them.