The monetary system built on private central banks is based
on a scam. Imagine a central bank (ie a typographer) commissioned by a match
organizer to print 10,000 tickets. The printing of 10,000 tickets costs $50.
But the central bank does not ask for the cost of printing, it asks for the
value printed on the ticket (on the bill). If it prints 10,000 banknotes of $10
it asks for $100,000 in Treasury bonds, based on the fact that the banknotes “are
worth” $10 each. It is true that they are worth $10 each, but their value does
not depend on the number printed on the banknote, but on their demand. The
central bankers know this, but blackmail the organizers (ie the politicians),
promising a generous gift to support their candidacy in the upcoming elections.
On the contrary, they will fund other candidates and discredit those honest
people who have opposed this system. This is what happens in all countries
where central banks are private.
The Vital Needs Theory - page 88