Other individual already nailed the response in this thread - so it's not worth repeating. They made the astute observation that the credit card was a grossly simplified example pointing that debt compounds even if the system is opaque, messy and main varied timelines.

I will add to your comment that printing more money by the government makes the people less wealthy in terms of true wealth. It is not a solution to get you out of the woes of heavy debt load as you pitched.

That said it sounds like you are a proponent of MMT - instead of one off pithy remarks, can you put forward a defensible position?