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2026-05-12 00:35:24 UTC
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npub10r…3625r on Nostr: It used to be monetary sovereign like any other government. But, private banking ...

It used to be monetary sovereign like any other government. But, private banking started to take over 200 years ago. First in England, then everywhere else. This system has its own rules: government do not print money, they borrow it to the bankers who in turn print it for them against a guarantee of paying back. In US it's the FED, which is not public nor federal.

The debt is thus an artificial creation by the banking cartel to secure their dominant position. It keeps growing and growing, and never gets payed back. This is by design.