Its surprising how many people are ignorant about this.
Since our educational system is captured too, this explains why our current monetary system is not taught in school.
Consider anything that is too complicated for the everyday person to understand as a captured process.
Example, US Tax code 18,000 pages.
If it is too complicated, say GFY and move on.
Any university teacher or professor who honestly analyses the fiat monetary system and teaches the truth will immediately see his research and department funding go to 0.