Part 2/10:
To understand why repaying debt is practically impossible on a large scale, one must first consider the total money supply juxtaposed against the astonishing levels of global debt. Currently, the U.S. banking system holds a total money supply of approximately $20 trillion. In stark contrast, the national debt exceeds $33 trillion, indicating that the government owes more money than exists in the system.
When adding household debt—approximately $17 trillion, which includes mortgages, student loans, credit card debts, and auto loans—the combined total skyrockets to around $50 trillion. This figure illustrates an alarming disparity: the total debt is far beyond the money available to service it.