The Debt Cult: How a Tiny, Blood-Linked Group Captured the World's Money (And Why You're Still Working for Their Paper)
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2026
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| _version_ | 1866901376442826752 |
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| author | Locke Dauch (David Humble) |
| author_facet | Locke Dauch (David Humble) |
| contents | <p><span>This paper presents a critical interpretation of modern monetary systems, arguing that centralized banking structures and debt-based finance concentrate economic power through mechanisms of money creation, interest, and inflation.<br><br>It traces the historical evolution of money from commodity exchange and gold-backed systems to contemporary fiat currency regimes, emphasizing the role of fractional reserve banking and central bank monetary policy.<br><br>The framework examines the creation of the U.S. Federal Reserve and the concentration of financial influence among banking and political elites, interpreting these developments as components of a broader “extraction architecture” embedded within global finance.<br><br>It analyzes inflation, debt issuance, and wage dependency as systemic mechanisms that transfer value through interest-bearing monetary systems, while also discussing alternative economic models such as local currencies, cooperative economies, and decentralized finance.<br><br>Positioned as a political economy critique and systems-level analysis, the work frames modern debt structures as socially constructed and institutionally reinforced systems of dependency, advocating documentation, decentralization, and reduced financial dependence as pathways toward greater sovereignty and resilience.</span></p> |
| format | Recurso digital |
| id | zenodo_https___doi_org_10_5281_zenodo_20061362 |
| institution | Zenodo |
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| publishDate | 2026 |
| publisher | Zenodo |
| record_format | zenodo |
| spellingShingle | The Debt Cult: How a Tiny, Blood-Linked Group Captured the World's Money (And Why You're Still Working for Their Paper) Locke Dauch (David Humble) extraction sovereignty witness coherence Laos Thailand <p><span>This paper presents a critical interpretation of modern monetary systems, arguing that centralized banking structures and debt-based finance concentrate economic power through mechanisms of money creation, interest, and inflation.<br><br>It traces the historical evolution of money from commodity exchange and gold-backed systems to contemporary fiat currency regimes, emphasizing the role of fractional reserve banking and central bank monetary policy.<br><br>The framework examines the creation of the U.S. Federal Reserve and the concentration of financial influence among banking and political elites, interpreting these developments as components of a broader “extraction architecture” embedded within global finance.<br><br>It analyzes inflation, debt issuance, and wage dependency as systemic mechanisms that transfer value through interest-bearing monetary systems, while also discussing alternative economic models such as local currencies, cooperative economies, and decentralized finance.<br><br>Positioned as a political economy critique and systems-level analysis, the work frames modern debt structures as socially constructed and institutionally reinforced systems of dependency, advocating documentation, decentralization, and reduced financial dependence as pathways toward greater sovereignty and resilience.</span></p> |
| title | The Debt Cult: How a Tiny, Blood-Linked Group Captured the World's Money (And Why You're Still Working for Their Paper) |
| topic | extraction sovereignty witness coherence Laos Thailand |
| url | https://doi.org/10.5281/zenodo.20061362 |