HI Lightrider, why don't you elaborate a post that would put some light on the mechanics of the current monetary system ?
Because he believes that dollars are debt.
Dollars are debt. The creation of dollars starts with loan origination. All dollars are brought into existence through loans. All dollars represent debts.
Not always. The fed issues dollars simply by buying things. If what they buy is, for example, US bonds or a debt (at interest) from a bank, then you're reasoning can be applied. But they can buy stocks, ETFs, gold, bitcoins or just tons of shit if they want.
Not that I like the Fed, but that's how it works.