The Federal Reserve was formed by a private group of for-profit banksters in 1913. Their business model is to monetize debt. Governments accumulate debt quickly in two ways: 1) Regulations which grow the size of government, and 2) Wars, especially endless wars.
Some nations are still paying off their World War I debts. Endless regulations require huge governments to administer. As long as the United States government pays interest and overspends, and the more they borrow, the more money the Federal Reserve shareholders make.
The Federal Reserve balance sheet on their website shows $4.6 trillion in assets. Think about how large that is. That isn’t billion—it is trillion. Truly the beneficiaries if that wealth can buy armies, navies, governments and rule in secret.