"Debt" is an emotion

At the level of "meaning" thought determines reality. The primary means for controlling sentient beings is to give real meaning to actions.

I have stated before that we can no longer out-produce the food supply; so that most of our "work" is extraneous entertainment at best. As we can destroy the world ten times over so we could feed it too, if the notion so arose.

All that is left is to produce a "feeling" of need for transmutations of energy both physical and non that yield a result of real motive force of other sentient beings who would otherwise do something completely different. Debt in and of itself can only be experienced, it is not physically tangible. I do also agree common definitions are important. I should think I could just as easily restate the debt definition emotionally as:

1. A sovereign entity's recognized realistic feeling of servitude to reconstitute another's loss to the service of the same's interest.

Only a sovereign entity can bind oneself to anything and that binding is in and of itself purely a thought. In terms of the physical layer of the universe all that can be delivered of real value is physical and thus requires real force. Therefore it is not a binding of owedness(still just an idea) but a binding of servitude to reproduce that of same real value. I think this states the same definition in terms of human emotion. Though surely this could be reworded to be more accurate and true to thought.

Ultimately debt is not the value itself, but the feeling that the value must be served; it is the realtionship between two sovereign entity's.

This is a fantastic and very necessary discussion.

(Apologies if you read this already, had to edit...)

If Ron Paul was standing in front of you right now, he would tell you that. I'm not "channelling" the guy, but I think I'm right about that ;-)

“Education is dangerous - Every educated person is a future enemy”

“Of course people don’t want war. Why should a poor slob on a farm want to risk his life in a war when the best thing he can get out of it is to come back to his farm in one piece?”

-Hermann Goering.

as I've said in another post everything is a "feeling" but what does that have to do with borrowing something?

You cant just decide you dont owe money to someone you borrowed it from. You dont simply go "I dont feel like I owe this person" removing a feeling doesnt change the reality that you still took something from them.

Remove all feelings and sure you can do just about anything you want. Without guilt or remorse etc... you could steal from people, murder people, destroy peoples lives, lie, cheat, everything the government does.

But I am willing to bet you are better than that.

Debt isnt an emotion it's a reality; the result of an action. If you remove the feelings such as guilt, and remove concepts of morality and honor then sure dont pay it back, but you will be no better than the criminals you say you despise.