As far as I understand the current central banking system, it has been hijacked by the 1%. By definition money is suppose to be an accepted medium of exchange that has the quality of storing value over long periods of time. Today, all government currencies are fiat. They surely facilitate transactions but keep on leaking out value.
We have been putting in our efforts and offering our skills and specializations in exchange for worthless papers with mere digits printed on them.
The worst part about this is that majority of the people lack awareness about how theyre getting robbed everytime the governmemt extends the money supply. Also knowledge about the central banking system is purposely limited or even suppressed in the education system.
We need to get back to sound money backed up with real wealth and keep an inelastic money supply to get rid of this debt crisis which we arent even responsible for.