Or why your hard-earned cash don't buy what it used to:
And global debt, at $200 trillion, is ten times US Government debt.
How's the debt created?
Simple. Banks print their own money and lend it at interest. And if there's a crash and the debts unpayable, Central Banks print more money to bail out the commercial banks.
Simple really. I mean, simple to transfer wealth from common folks, the useless working class the elite wish to be shot of, to the bankers's own pockets.