Paying off debt is not spending. In an older time, the bank would then be able to lend out that money to someone else, but at this time, they aren't. They are j

Paying off debt is not spending. In an older time, the bank would then be able to lend out that money to someone else, but at this time, they aren't. They are just sticking it in the Fed where its safe. Fixing things doesn't help with deflation either.