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Posted on 9/27/26 at 7:05 pm to BrodyDad
The true history of central banking and fractional reserve banking and how it robs the citizens of their wealth by eroding purchasing power of the currency.
Especially how when all money is created as debt, only the debt money is created, not the interest. Which then causes it to be impossible for everyone to pay back their debt, enslaving the people with the only solution being to further inflate the currency to cover existing interest payments. Similar to a pyramid scheme. The moment the creation stops, the economy immediately enters deflation and the money supply will no longer exist as debt is paid off.
An honest monetary system is a requirement for any high trust society.
Especially how when all money is created as debt, only the debt money is created, not the interest. Which then causes it to be impossible for everyone to pay back their debt, enslaving the people with the only solution being to further inflate the currency to cover existing interest payments. Similar to a pyramid scheme. The moment the creation stops, the economy immediately enters deflation and the money supply will no longer exist as debt is paid off.
An honest monetary system is a requirement for any high trust society.

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