It seems a number of members believe that debt is bad or immoral. I don't believe debt is either bad or immoral (in fact I'm not sure if debt can be described as either moral or immoral) but for the sake of this argument I'll state that debt is moral. Why? Because it enables consumers, investors or business minded people to: - increase their earning capacity or to embark on new projects. - save and then use those savings as evidence to a lender that they have the capacity to repay a loan at interest. - encourage entrepreneurship and the manufacture of new, more efficient or cheaper products. - better their life circumstance. - loan their excess savings and earn a reward. These were just a few ideas off the top of my head, I'm late for work. Please add some more, or debate them.