The entire system depends on the monopoly of banksters to create legal tender from nothing and to charge everyone else interest on it. Costs the banksters nothing to create and they use it to steal productive assets from everyone else.
And since there isn't enough legal tender (supply) created to liquidate the debt AND pay the interest (demand), the system automatically (and by design) forces economic collapse of some debtors and the banksters seize those debtors assets.

I have avoided debt like the plague. It has resulted in a life that's different than that of most of my peers. Mine is less stressful, for the most part. I don't have a lot of "stuff". I'd like to have more stuff. I just can't pull the trigger as easily as most people.