The problem is that it is not canceling the debt. It's like if I loan my son a $100 and then instead of saying you don't have to pay it back I raise the rent (taxes) on someone else to pay for it.
The problem is that it is not canceling the debt. It's like if I loan my son a $100 and then instead of saying you don't have to pay it back I raise the rent (taxes) on someone else to pay for it.