Your post script is probably the best simple explanation for why our banking system isn't going to fall apart tomorrow. Thank you. Furthermore, this article ign

Your post script is probably the best simple explanation for why our banking system isn't going to fall apart tomorrow. Thank you. Furthermore, this article ignores basic principles of inflation and the idea that the government operates on a very long-term time horizon (hundreds of years), versus individuals who have a physically limited lifespan. While this is no excuse for reckless financial policy, the idea that it's all going to fall apart tomorrow because of this notion that the government has more debt than money supply is foolish.