Insight
The present economic system was shaped to support growth and because of that, a need for increasing money supply emerged. Currently, a lot of the newly created money goes to the debt management. Consequently, we may say that most of a currency in the world is covered by the trust to pay off debts. It might appear as a negative trait but essentially it is neutral and actually provides more flexibility than any currency based on a gold standard.
The dark side is that largest creditors are represented by a comparably small number of institutions. These institutions are in a position of great power to not only make direct profits but eventually also control other aspects of our lives like mortgage loans, student loans, social security, pension funds, health insurance, energy sector, etc. Observations show that status quo maintains itself and to change it a paradigm shift is necessary.