In this episode of the EMS podcast, we explore one of the most critical and misunderstood flaws in our global economic system: the debt trap. Most people don’t realize that in today’s monetary framework, money is only created through debt — and never as real, net-positive value. This creates a vicious cycle where governments, businesses, and individuals are forced to borrow endlessly, just to stay afloat.
We unpack the systemic causes behind this, including why the money supply can never cover total debt obligations due to interest, and how Keynesian economics often worsens the problem instead of solving it. The illusion of prosperity built on debt is unsustainable — and dangerously misleading.
Finally, we introduce the Excellent Monetary System (EMS), a radically different approach that enables real additional money creation without debt. If we are to break free from the debt trap, we must rethink our monetary foundations. Tune in to understand the trap — and begin exploring the path out.