Debt issuance is money creation, and debt destruction is money destruction. Why is the latter SO intolerable? If nothing fails, nothing succeeds. This is all

Debt issuance is money creation, and debt destruction is money destruction. Why is the latter SO intolerable? If nothing fails, nothing succeeds. This is all a result of the myopic human opinion of perma-growth. In the end private industry(the IMF) winds up bailed out, THEN using their ill-gotten gains to scoop up public assets for pennies on the dollar.