Are you sure? I'm fairly certain that if I accumulate savings in the form of some non-debt-backed currency and keep it buried in a box it won't be the same as

Are you sure? I'm fairly certain that if I accumulate savings in the form of some non-debt-backed currency and keep it buried in a box it won't be the same as debt. If we still want to regard that as debt, I could instead buy commodities and keep them in a warehouse, but I think there would be some temptation to say that "they are not savings because they are not currency."