Not an expert but as far as I know there is no such thing as “debt free fiat money”. Currency is not money.

Fiat currency is technically unconstitutional - there is a clause starting our money must be gold or silver. This was enforced by the death penalty. The Founders knew the dangers and economically destabilizing nature of fiat currency.

Fiat was last introduced to fund major regional and global wars. It was a way to make fake currency, fast, yet even until the ~1930s our currency was totally backed by gold/silver. No one dared think of printing currency that was inherently worthless (no backing) and American voters at the time knew what had happened to Weimar Germany.

Until the 1970s our currency was backed by some amount of gold. Nixon ended this, a major blunder that has led us into to our current economic/debt situation.

Not an expert but as far as I know there is no such thing as “debt free fiat money”. Currency is not money.

Fiat currency is technically unconstitutional - there is a clause starting our money must be gold or silver. This was enforced by the death penalty. The Founders knew the dangers and economically destabilizing nature of fiat currency.

Fiat was last introduced to fund major regional and global wars. It was a way to make fake currency, fast, yet even until the ~1930s our currency was totally backed by gold/silver. No one dared think of printing money that was inherently worthless (no backing) and American voters at the time knew what had happened to Weimar Germany.

Until the 1970s our money was backed by some amount of gold. Nixon ended this, a major blunder that has led us into to our current economic/debt situation.