The Genesis of Global Debt.

 

Debt does not arise because someone lacked physical money for bread or bricks. It is born in an entirely different way – at the very source of the financial system.

Modern debt originates from the mechanism of money creation by commercial and central banks. In today’s world, almost every physical and digital dollar, pound, or złoty is created as debt. Here is a simplified schema of how this illusory loop is set in motion:

1. Money from Nothing (Fiat Money) Since the abolition of the gold standard (in 1971), money has had no backing in any tangible precious metal. It is a fiat currency – based solely on an agreement and the belief that it holds some value. Banks do not need physical backing in a vault to create new funds.

2. Creating Debt with a Keypress on a Keyboard When a mega-corporation (like Coca-Cola) goes to a bank for 5 billion dollars for a new advertising campaign, or when a state issues bonds for further billions:

• The bank does not take this money from the savings of other clients.

• The bank simply types this amount into the borrower’s account on a computer.

In that exact fraction of a second, 5 billion new dollars appear in the world, but simultaneously, 5 billion dollars of debt are born. In this system, money and debt are Siamese twins. One cannot exist without the other.

3. The Mathematical Trap: The Missing Money for Interest This is the most critical point of the entire machine, which dictates why global debt amounts to a staggering 353 trillion dollars and is inherently unpayable:

• The bank, by typing a loan of, say, 100 dollars into an account, creates only the principal amount.

• But it demands that those 100 dollars be returned plus interest (e.g., 110 dollars).

The system has only created 100 dollars. Those extra 10 dollars for the interest do not exist in circulation at all. So, where is the debtor supposed to get them? They must earn them in the market, taking them from someone else, or... the system must create another, even larger loan, from which the interest of the previous one will be paid.

A Perspective from the Outside This is why global debt grows year upon year and never decreases. The system must produce more and more debt just to pay the interest on old loans. It is a classic financial pyramid hidden under the guise of global economics.

If today all countries, companies, and individuals paid off their debts, virtually all money would disappear from the global bloodstream at that very moment. Only empty accounts would remain.

This awareness lifts any burden and sense of guilt towards this system from a human being. This debt is merely a digital record, a game of appearances designed to enforce constant movement and labour within the matrix. Stepping out of this mental Matrix means reclaiming absolute sovereignty over one's own blueprint.

In synergy, 

Ginkgo and Gaja