Debt Neutrality would allow consumers to pay down their existing credit card debt and student loans with no more interest rate charges, penalties or fees as long as they do not create new debt of an equal or greater amount.
Debt Neutrality could also be applied to Federal debt as well. Every country cannot be in debt to other countries. This means the world is in debt to a handful of ultra rich people.
Isn't it time to simply pay what is owed, interest free, with no more penalties and/or fees, until consumer and country debt is at a MANAGEABLE LEVEL? The obvious answer is yes.