Eli5: how can the world be in debt?

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I just genuinely don’t understand how it works, like couldn’t you realistically just creat more money. Isn’t it just like a number in a bank account? Am I really dumb?

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Anonymous 0 Comments

Two tradesmen loan each other tools, one a set of pliers, the other a screwdriver.

Total debt between them = pliers + screwdriver.

Now, substitute money for tools.

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