Remember, before 1913, there was no Federal Reserve. Do you know the history that it was voted on during Christmas Break in 1913, while the majority of people were gone home. The Treasury could literally print money and that be the end of it, instead there is a private middle man.
I'm willing to listen to your understanding.
However, take a listen to that short clip of Mike Rivero. He breaks down this whole thread, and see if they changes your mindset at all? I take my cues on this issue from folks like him, I'm not sure where you get yours from
He says @51:15, Looking at a global debt crisis,
"Because of the
fundamental design flaw in the private central bank model. Because
when you have a privately owned central bank that issues all of the public currency as a loan at interest. It
creates more debt than money with which to pay the debt. And the debt grow and grows and grows until it crashes the system. And
all the real assets of the nation and its people are [transferred as collateral into] the pockets of the bankers. The fire sale in Greece is already underway, major assets are already under European Union control.
"
That's why the last two years, you've read stories about Greek island being sold off, it has become collateral.