Financial Slavery

Financial slavery refers to a condition akin to gerrymandering of a nation's money supply through the manipulation of interest rates, the monopolizing of currency, and the manipulation of the money supply by a small entity that profits greatly from these privileges. In such a system, money is not backed by any physical assets such as gold or silver, and its value is determined by the ruling authority's policies. This concept is also known as economic slavery or debt slavery. The term financial slavery can be translated to Hebrew as עבדות פיננסית. In other languages, it is known as esclavitud financiera in Spanish, esclavitud financeira in Portuguese, and finanzielle versklavung in German. The key contextual information surrounding financial slavery includes the centralization of monetary control, the creation of debt-based economies, and the perpetuation of cycles of poverty and dependency. Critics argue that this system benefits a small elite at the expense of the broader population, leading to widespread economic inequality and instability.