The object for the financial class is to get their “cut” of the taxes our public corporations collect. They have a need to intercept the flow of currency from the public purse to the public treasury and out again. That’s the “trickle” they’re concerned about. The preferred point at which this capture of taxes occurs is called “dividends on bonds.” The bonded debt is the financial gravy train and the engineer of this train is the Federal Reserve.

What is the Federal Reserve? It is the very model of public/private cooperation. The Federal Reserve is a private corporation whose head is appointed by the preeminent public corporation. The Federal Reserve is a private corporation to which is reserved the management of our money, whose value rests on the full faith and credit of the people of the United States. The Federal Reserve is a private corporation created, by a federal charter, to keep the American public in chains, if it wants, by restricting the flow of money.

Why would the Federal Reserve want to keep the American public in chains or on a short leash? Because it can. Power corrupts, etc.

The question is why we should continue to let a private corporation do that to us. The answer, I suspect, is simply habit. Old habits are hard to break. The Federal Reserve has been around for almost a hundred years, during the transition from gold to populist paper, and, just as it took a while for humans to realize that everyone can learn to read and write and is entitled to do it, the realization that everyone is entitled to use money to lubricate their exchange and trade has yet to sink in. We need to dispel the mystique of money. Money is like writing, a tool which facilitates human interaction over time and space. And, just as writing had to move out of the cloister into the agora, money needs to be liberated from the money hoarders.
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P.S. Once we recognize that the financial class is looking to get a “cut” of all the taxes collected, it becomes obvious that, like the Mafia don, they perceive themselves in competition with legitimate enterprise. The financial class wants a share of the public purse without providing any service, other than “protection.” Like the Mafia, the financial class is in the protection racket. The only difference is that, so far, they are doing it under cover of law. But then, it was also difficult to prosecute the Mafia for crimes because, when the victim consents to his own deprivation, criminal behavior is hard to prove. Will the financial regulation that’s about to be signed into law define when financial deprivation becomes a crime?