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 "It doesn't require new debt"

Stop it, you're killing me!

You do know ALL money is debt, right? 
 That's not what you were alluding to in your previous comment though, this is you trying to wiggle out of being wrong. You've also failed to address any of the other points.

I'd like to say it was a surprise but it's pretty much the standard for BTC maxis, as soon as they start needing to understand more than first grade economics they just star going "lol, you're so wrong it's funny" with no additional explanation.