Floyd wrote:first: there is no "backward momentum", only backward speed.
Wrong. Momentum is simply mass times velocity; it applies both to linear and rotational speed.
When you talk later about applying "force of propulsion", recall that force is mass times acceleration, and acceleration is a change in velocity -- in other words, force produces changes in momentum. When you talk about overcoming "mass inertia", that's equivalent to saying enough force has been applied to change the object's momentum from backwards to forwards (which is equivalent to saying enough acceleration has occurred to change the object's velocity from backwards to forwards.)
you don't apply "knots" propulsion, but force of propulsion
right -- but you can't neglect friction (drag) from the equation. In general, an aircraft (or any other object) will accelerate until thrust equals drag. If you don't apply adequate thrust, the final speed will be below (dirty or clean) stall speed, meaning the aircraft won't be able to take off.
In the case of an airplane on a backwards-moving conveyor belt with frictionless wheels, the airplane will accelerate and take off as normal (the conveyor belt produces zero drag.) In the case of an airplane on a backwards-moving conveyor belt that's moving fast enough to make the bearings seize up, the conveyor may produce sizeable drag. If the drag is high enough, the airplane won't be able to accelerate up to an adequate airspeed to take off -- but this will only happen in a case that produces a RIDICULOUS amount of drag from the conveyor belt.