It not only makes everyone creditable, but also makes them anxious to borrow, which a large percentage of individuals being afflicted by unaffordability cannot justify doing, thus greatly increasing the market for Banking’s product, namely debt.

And by having the central bank simply create and distribute, debt free, 50% of everyone’s mortgage, insurance, automobile and other big ticket item’s monthly payment it makes the central bank the best friend forever of everybody including the banks…not just the bail bondsman for the banks when inflation and the monopoly paradigm for the creation and distribution of all new money known as Debt Only…which the banks wield…serially and historically has destabilized domestic economies.

Thus The Federal Reserve becomes The General Reserve.

Steve Hummel 08/27/2026