During WW II, our elected members of parliament asked the governor of the Bank of Canada (like the US Federal Reserve only fully owned by the government) about the debt. In 1942 he said that the federal liability, or debt if you will, was a private sector asset. Then the finance minister mused in parliament about how to make it an asset for the people. A lot of Canadians do not get this yet but I have noted that every time we borrow to build a high school, highway, airport, hospital, university, etc. we create an asset for the future.
Those who do realize that the only countries on Earth who are not part of central banking cartel are (or were until recently) Iraq, Iran, Cuba, Venezuela, North Korea and Libya. See a pattern?
As Rothschild was reported to say 'Give me control over a country's money supply and I care not who sits on the throne.'
Yes, we pay our Big 5 Banks to bring fiat currency into being and we are not required to by law but our government does it anyway.