Excessive Debt Can Only Cause Inflation of Prices of Goods and Services if That Is What People Spend the Debt On.

But 85% of all debt is spent on real estate. 

And there are 27 million of us doing just that, democratising the problem. And yes, that will inflate the price of housing relatively. But it cannot cause inflation of goods and services. 

To blame wealth and power is just a slave mindset.