The goal of the state is to pump wealth from the productive to the elite. This has always been so, and it the principal reason of existence of a state. From the first kings to the most sophisticated form of modern government. However, as the modalities change, and the ways to get power change.
What system is in place to prevent individuals from issuing/spending more money than they earn (in the past or future?)
In those days there was no king in Israel; every man did what was right in his own eyes.
In the case of
Great Empire and the
G.E. coin, your statement is inaccurate.