What you say is true today. That money=debt.
But that is only because we use FRNs which are a debt based currency. It was not always so. We used to have currency that was backed (not 100% though) by gold and silver. This currency was redeemable in silver and gold
FRN = Federal Reserve Note
Beyond our paper currency our other money exists as computer blips. Does this money=debt? If you want to show me go right ahead
This is true.
Beyond our paper currency our other money exists as computer blips. Does this money=debt? If you want to show me go right ahead
Yes, computer blips are debt, and computer blips are money - just electronic money.
Money is simply a representation of the way that we trade debt. More specifically, money is the way that we trade claims on future labor.
If you take out a $1,000 loan from your bank, then that is a $1,000 electronic debt to you and $1,000 of electronic money in your bank account. You can exchange your $1,000 of electronic money for $1,000 of physical money if you wish - but the principle still holds: money is debt, and debt is money.