THE SYSTEMIC COLLAPSE
A central bank is essentially a financial clearing house that enables private banks to transfer "money" between their balance sheets through the state's authority. It serves as the lender of last resort - not to protect the public, but to protect private banks' balance sheets from collapse.
The global spread of central banking has created a shadow government of money - an unelected, unaccountable system that controls the lifeblood of economies while operating with near-total opacity. This architecture systematically removes monetary policy from democratic oversight, placing control of national currencies in the hands of private financial institutions.
The first central bank, Sveriges Riksbank, was established in Sweden in 1668. This marked the beginning of a financial revolution that would reshape global economics.
The Bank of England followed in 1694, setting the template for modern central banking and becoming the model for many subsequent institutions.
The 20th century saw an explosion in central bank creation, particularly after World War II and during the decolonization period, where occupation and physical subjugation was exchanged through financial subjugation via access to the banking system, through founding of central banks and acceptance of "SAP:s" (Structural Adjustment Programs).
"The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented."— Sir Josiah Stamp, Former Director of the Bank of England