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How Debt Became The Most Profitable Product In History by Financial Historian
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What if I told you the most profitable product in history isn't oil, gold, or technology, it's debt? From clay tablets in Mesopotamia to the Dutch bond markets, from the Bank of England to Wall Street, debt has been carefully engineered into the foundation of our financial system. It funds wars, props up governments, drives consumer culture, and quietly transfers wealth from the many to the few. This video traces the hidden history of debt: how it became the backbone of empires, how the IMF and World Bank turned it into a tool of global control, how consumer credit turned ordinary families into permanent customers, and why today's economy cannot function without it. Debt isn't just a contract - it's a product designed to profit endlessly, turning your future into someone else's income stream. Understanding this history is financial education at its core. Because once you see how debt really works, you'll never look at a mortgage, a credit card, or a government deficit the same way again.
https://www.youtube.com/watch?v=Dhr4q8-J0m8
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