"Nothing has changed and won't change as long as there is no controls limiting the amount that can be borrowed and spent i.e. the fiat monetary system."
I don't think that you have been paying attention.
I suggested that you spend some time looking into risk weighted assets to capital ratios which restrict the amount of moneythat can be lent by commercial banks (and borrowed by commercial bank customers) in our "fiat monetary system". Since 2009 those restrictions have been tightened considerably. (This is the real reason for the slow recovery in the US...)
The broad principal on how capital constrains to lending (and borrowing) works are laid out Basel Committee Capital Accords. http://www.bis.org/bcbs/basel3.htm