Most don’t know this history because it was kept secret long enough that we just accepted our fate. Benjamin Strong was also there representing J. P. Morgan, and Strong later became head of the NY Fed. Rothschilds were represented by the brainchild of the Fed, Paul Warburg, a partner with Kuhn, Loeb & Co. Bank. A conduit for Rothschilds’ capital.

War is expensive. Fiat money makes it free. At least, free for the politicians and the war profiteers who get the new money first. Everyone else pays in blood and bread.

“War is the health of the State”, but fiat money is its lifeblood. Strip a government of its central bank, and you have stripped it of its capacity for unlimited warfare. The cost of printing money!

You don't challenge a system because the current version of it has made people dependent on it; you challenge it because it's rotten to the core. Small business gets crushed under the current system, not without it. I’d say it’s a credit to the small business that’s able to survive despite the moating and over-taxing. After running a small business for over 25 years I can tell you that it’s the system that made me rely on it. I’m not against loans and instruments; just against the state Narcan loans and money printing. The Cantillon Inequality - When the Fed inflates, credit doesn't flow to Main Street; it flows to Wall Street. The casino gets bailed out while the corner store gets priced out. Your local bakery can't conjure $500 million in a repo market. Regulatory Capture as Moat - The very "regulations" Democrats and Republicans fight about were written by incumbents to entrench the cartel. Small businesses don't have compliance departments. They can't lobby the Fed for favorable interest rates. What Replaces It? Free banking - Market "regulation" via competition and demand deposits backed by actual reserves. Market money - Gold worked for 5,000 years; Bitcoin works for the digital age with fixed supply (no Cantillon). Local credit unions and private clearing - Thriving for a century until the state criminalized them. The dirty secret - The only reason small business "needs" the current banking cartel is because the law requires you to use their product. Can't pay taxes in Bitcoin. Can't open a business account without a BSA compliance form. Can't set up competitive note-issuance without a charter from the very people you're competing with. So yes, in this system, without access to rigged credit, small business suffers. But that's an argument against central banking, not for it. You've confused addicted to a monopoly with needing a service. You can’t fix a broken system from within. And necessity within the current system isn’t adequate defense of it.

Here, in one crude drawing, is the entire scam laid bare — the mutual back-scratching society of the banking cartel and the State, each bailing out the other with money created out of thin air, while the productive class watches their purchasing power evaporate.

No, this is the result of GFC money printing to postpone a greater reckoning we are about to experience.

And perhaps you still support controls of speech and violations of privacy. If so, you should realize math and encryption also disagree with you. In an age where a thought can secure your privacy and wealth, the line of speech and privacy has been asserted. And perhaps you don’t believe in freedom of thought. Well, you’re free to think that.

Support free open source software and decentralized systems. "The government is a secretive institution, and it is precisely this secrecy that is a major source of its power. For if the government were truly open and aboveboard, the people would soon discover that it is not their servant, but their master." - Murray N. Rothbard

It has been disturbing to watch corrupt nations redefining free speech, asserting attribution of children online, banning privacy tools, and asserting themselves as the guardians of children. The morally bankrupt now asking for keys to our privacy and speech.

I’ve been looking at this space for some time. Both meshnet and privacy & censorship-resistant chat solutions. I was thinking how, regardless of how I favored one over another, that it didn’t matter. Bitchat, Meshtastic, reticulum, signal, SimpleX, pika, Whitenoise. The market is going to shape, to a large extent, what is going to come next. It’s weird watching the collision of decentralize and open sourced forge the standards while it combats tradition media. Enjoying the ride. Hoping that whatever wins takes the best of all these great ideas. Thankful for all the developers.

Noticed your other replies. Thoughtful probing, and I appreciate that. Thanks for teasing out deeper answers.