"Yet the stupidity and senselessness of the war were no impediments to the Kaiser abusing his central bank to finance fighting insane, expensive, pointless wars that were irrelevant to his people in his pursuit of grandeur. Via round. about ways, the German people’s savings were to finance the war effort." @4379e76b…065061ad - in "The Gold Standard". You can replace "the Kaiser" with any of President, Prime Minister, King, Queen, The Government and the sentence would still hold. Since hundreds of years. This got to end. Decentralization of power is worth a try.