Money Creation and the Rise of the Oligarchs: Who Really Controls Our Economy?
90%
of money is created by banks out of thin air
90%
of which is used for speculation
90%
of the population does not know these facts...
Ever Wonder Why a Few People Seem to Own… Well, Everything?
It’s no secret that the rich keep getting richer, but there’s more to it than savvy investments or good business sense. The very way money is created is part of why wealth and power keep flowing upward. Our debt-based money system doesn’t just fuel growth—it also fuels inequality, concentrating wealth and influence in the hands of a small elite. Let’s dive into how this all works (without the economic jargon)!
How Money Creation Fuels an Oligarchy
Here’s a wild fact: most of the money we use isn’t created by governments; it’s created by private banks every time they issue loans. That’s right! Most money starts as bank-issued debt, with interest attached. And who benefits most from this? You guessed it—the already-wealthy.
Why Debt-Based Money Creation Makes the Rich Richer:
- Access to Cheap Credit: Wealthy individuals and corporations have easy access to loans at low interest rates. This lets them invest in assets like real estate, stocks, and companies, which grow in value while they pay back cheap debt.
- Rising Asset Prices: As banks create more money, it flows into assets (like housing and stocks), driving prices up. For the wealthy, this means more value in their investments. For the rest of us, it often means higher costs of living.
- Interest Payments Flowing Upward: Every loan has interest attached, which means money flows from borrowers (often everyday people) to lenders (often big banks and investors), reinforcing the concentration of wealth.
Oligarchy on the Rise: How Debt-Driven Money Creation Leads to Inequality
Debt-based money doesn’t just create a wealthy class; it creates a super-wealthy, influential oligarchy. These elite players hold not only wealth but influence over policy and public life.
What This Means for the Rest of Us:
- Higher Living Costs: As asset prices rise, everyday people face higher costs for housing, healthcare, and education. Meanwhile, the wealthiest get even richer off the rising values.
- Political Influence: With wealth comes power. When a small group controls most of the money, they often end up shaping policies, laws, and regulations that benefit them—and keep the cycle going.
- Locked Out of Wealth-Building: For most people, it’s harder and harder to access wealth-building opportunities like homeownership or investing, as prices soar and wages struggle to keep up.
What’s the Solution? A Money System That Works for Everyone
Imagine if money creation was public and not tied to debt. That’s the idea behind Sovereign Money—money created by a public authority, debt-free, for the public good. Instead of reinforcing wealth for a few, it could support economic opportunities for all.
Here’s How Sovereign Money Could Break the Cycle:
- Debt-Free Money for the Economy: With Sovereign Money, money isn’t created as debt. This would reduce the flow of wealth toward interest payments and allow for a more balanced economy.
- Accessible Wealth-Building: Without debt-driven inflation in asset prices, it’s easier for everyone to afford homes, education, and investments.
- Greater Economic Democracy: By decentralizing wealth and limiting the power of big banks, Sovereign Money could help create a more equal society where economic power is more evenly spread.
Ready to Rebalance Wealth and Power?
It’s time to understand how our money system fuels inequality—and how we could build a fairer economy by rethinking money creation.
- Learn More: Explore Sovereign Money to see how a debt-free system could reduce inequality and create opportunities.
- Join the Movement: Connect with others who believe in an economy that works for everyone, not just the elite.
- Share the Knowledge: Spread the word! The more we understand about money creation, the better equipped we are to call for change.
In our view, this is the ultimate driver of the problem.
The question is, what will collapse first, society, the earth or the financial system?
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FAQs
How does money creation increase inequality? Most money is created by banks as debt, which benefits those who already have assets. As money flows toward the wealthy through interest payments, inequality grows.
How would Sovereign Money change this? Sovereign Money is created without debt, allowing for a stable money supply that doesn’t enrich banks and investors at the expense of everyone else.
What’s an oligarchy, anyway? An oligarchy is when a small group has control over a society’s resources and power. In this case, our debt-based money system fuels the concentration of wealth and influence among a small elite.
Image: jerichow
