Things are often more complicated than they seem to be. Your respones hinted at the role of monetarist economics, another thing I can't seem to grasp well enough.

But the balance between debt and equity financing is something I do get. And financing enterprises mostly by debt is not always the best answer.

We could get into a lot of discussion in this matter. But I'm going to take our discussion in another direction.

About 30 years ago, someone proposed a "Tobin Tax". This is a small tax, maybe 0.001%, of all financial transactions where both you and I have called bits of paper moving around without much good stuff happening in the economy. Of course, the financial industry squashed this idea. Such a tax would reduce the number of trades, which is not good business for the financial industry.

But the Tobin tax would be a good way to get wealth from the people who are good at not paying tax.