See, but the politicians didn't create the system; they essentially compete to be the top Vogon.

I'd discount some of the paranoia around the FRB, but the modern monetary system appears to be a very very clever way of herding a population; really if you control the banks, you essentially control a population (since loans become the only way to obtain currency). Taxes then for instance would be superfluous were it not necessary to bring a currency into circulation and to avoid inflation (and thus avoid seditious movements).

I've been trying to find mathematics that describes the banking system, but it appears there are none (other than such hand-wavy deductions).