Usurious debt enables explosive economic growth, no question about that. However in my opinion it is more just to have an economy that steadily grows over time

Usurious debt enables explosive economic growth, no question about that. However in my opinion it is more just to have an economy that steadily grows over time rather than a boom and bust cycle which causes horrendous and frankly distressing situations to a large part of the most vulnerable people in society. Heck, even the middle class is affected as quality of life goes down as well.