The People demand fractional reserves debt. If you deny this fact, then let's go down that rabbit hole such as using the 1800s as an example where the People demanded debt from the private, decentralized banks. Otherwise I assume you accept this fact.
you've got it backwards. debt has been imposed by bankers. they've tricked everyone into assuming more debt by manipulating interest rates downwards esp since 1980, the last high of 17%. this is accomplished by money printing to buy UST's.
Declining interest rates is all a trick from the banksters and not a natural trend for 5000 years.
2. Previously, savings without knowledge were able to provide a positive return on capital, in the 1700s this was about 5% but has steadily declined. Now it is hardly possible to get more than 2%. Taxation by inflation (capital "gains") is the main way how this is accomplished lately.
How can I debate with a person who is implicitly disingenuous because he is ignorant of some important aspects of history. I don't have any personal animosity towards you (so far). I am not saying you are completely ignorant.