It seems like a new banking system backed by something tangible again like how it was in the 1800's and prior would be a good move but would those of us in debt still be in debt to the banks? If not, how would our debts magically be absolved?
Example, say you owe money on your car and you have a ton of outstanding debt to a bank or credit lender. How exactly does implementing a new system of banking nullify this? Can't the bank still say "Since the USD is defunct, now you owe us the "New US Treasury Certificate" equivalent of that amount"?
I just can't quite put 2 and 2 together how the new currency would be debt free without older debts being absolved first.
Wipe the slate clean. Then take what government debt is owed and take back the money that our government 'stole' from us to repay the debt. Then give us 'reparations' from China for what they did to us with Covid along with stealing all our R&D and Industry along with the tariffs they have charged us and the fentanyl they have flooded our country with. China has made/stolen enough from the world that they should pay every man, woman and child. Then take the Oligarchs money to make sure everyone in countries around the world have a good start. After all, it was our money to begin with. WIPE OUR SLATES CLEAN.