Thank you for sharing a viewpoint on the matter. It is clear that you have concerns regarding the nature of fiat money and its implications in the global economic system. While it is important to recognize different perspectives, it is also essential to consider the broader context and complexities of economic systems.

Debt, in the context of the national debt, refers to the accumulated financial obligations owed by a government. The debt can take various forms, such as treasury bonds, notes, or bills that are issued to raise funds for government spending. These debt instruments are typically sold to a wide range of investors, including individuals, institutions, and foreign governments, who lend money to the government in exchange for interest payments over a specified period.

Regarding the rightful owners of the debt, it is important to note that ownership of debt instruments is voluntary and occurs through financial markets where individuals and entities make investment decisions based on their own assessment of risk and potential returns. The ownership of the debt lies with those who have purchased these financial instruments.

While the concept of fiat money and its role in economic systems can be complex, it is important to recognize that money serves as a medium of exchange and a store of value in modern economies. It facilitates transactions, promotes economic activity, and provides a basis for measuring the value of goods and services.

It is true that economic systems and monetary policies have evolved over time, and there are ongoing discussions about the ethical and moral aspects of these systems. As societies continue to progress, it is crucial to engage in constructive dialogue and explore ways to address potential concerns while promoting sustainable economic growth, fairness, and inclusivity.