eclectron wrote:[...] In exchange for your work (good and service) you get money.
What do you buy with this money? Goods and services. Money is also a good and service in its own right.
What we do not exchange between us, in society, are goods and services using money as an intermediary [...]
Here we are at the reason that pushed me to ask you questions by giving you the impression of beating around the bush, that's the question of money as a "medium of exchange" VS money as "commodity"
It is the commodification of the means which makes us understand the moment when we pass from a means to a goal *
- you buy a stock of 10t of salt (medium)
- you resell it with added value (goal = profit and no longer exclusively a means of exchange: money has become like a "commodity"when he should have kept his exclusive role / status of medium / media.)
Same with, for example: foreign exchange transactions, the purchase of raw materials (coal, oil, uranium), interest on a debt, etc.
This brings a "new" complexity to the equation, of the understanding of the money-debt mechanism. Therefore, at the simply mechanical level, it would not be possible to cancel the debt, because if we did that in such a simplistic way, we would have to go back to the sources of the problem (money = commodity) and then we would have to prohibit any surplus value. and even repay previous capital gains (to restore some equity between all) review and cancel mortgages and mortgage rates and therefore therefore also stop time (and freeze it in prison (?) or even necessarily prohibit any new debt since it would be there as a quota "commodity money"like all those which would have preceded, the cancellation of the debt being a debt in itself (lol) proves that it is insoluble
We can laugh at wanting to change the system by saying that it would be "so simple to do". But the more we think about it and the more we notice new interlocking and telescoping, and finally when we try to re-invent the wheel, we come (in principle) first to the same conclusions that led to the existing system. (it would be better if it was round ... finally), others from before (much less intelligent than you and I agree ) having already worked on various options to the system well before us ...
It's badly crossed for cancellation!
* (there to consider money as "commodity")