It happened many times in the past.
The current "stimulus" checks are a great example of what has been happening since the 60's; low percentage of the debt to people, high percentage to the rulers (not politicians, they don't rule anything). Then the rulers use this to buy the economy from the people, and then the people are serfs.
We are just about to "the people are serfs" and it will suck.
It has been happening for MUCH LONGER
The acceleration went a lot quicker starting in the 60's. Money used to be tied to something, inflation was non-existent, welfare was for people unable to work and was private a lot of the time, people had morals and pride, etc.
Hell, there was a point in time where they gave away land, and even in this /pol/ post they mention that college used to be less than free (if you could get in).
(post is archived)