Posts Tagged ‘International Finance’

The Road to WWI

Up to and including Henry VIII’s reign, the financial power of Europe, including England, was the Holy Roman Empire with its head office in Rome. Once Henry threw out the Pope, England had to rely on private bankers. It was a very inadequate and sloppy system until the Amsterdam and London bankers got together in what is known as the Glorious Revolution of 1688 and created in 1689 the English Parliament followed by the Bank of England in 1694. Now that loans were guaranteed by taxes collected by a proper parliament, the bankers felt free to make loans. That’s when the Industrial Revolution really started. But the English financial system remained a parochial one.

 

Manufactured goods from England were sent all over the world and traded several times and what was brought back was worth many times the original goods. When these goods were sold in England they created a lot of wealth for the English bankers. They obviously wanted to continue that type of operation in the American Colonies, but the colonials started balking. That’s when Mayer Amschel Rothschild decided to do in America what the English and Dutch bankers had done in England. Rothschild financed the American Revolution in 1776, created the Bank of North America in 1781 and America became financially independent of the Bank of England.

 

As we have seen, the French real estate scam of 1789 made it possible for Rothschild and his five sons to buy up all the gold they could find in Europe. By 1810 Nathan Amschel Rothschild, at the ripe old age of 30, was the financial master of the world; he was in control of the monetary systems of England, America and much of Europe. He was not limited by nationalism and patriotism; he was an international banker who wanted to create market economies.

 

The American market economy would be very easy to build for the continent was empty, but the European market economy was another kettle of fish. There were all those languages and national egos, and each country had a history. That would all have to be dismantled at one point, but for now, the Holy Roman Empire or the Catholic Church had to be destroyed as a financial power.

 

Although France, the pillar of that empire, was destroyed in 1789 along with the Austro-Hungarian Empire, after Napoleon, the Catholic Royalists, especially the ones in France who had lost all their property in the grand daddy of real estate scams, wanted their stuff back and still had a lot of fight in them. It took three more revolutions to beat the stuffing out of them, but in 1875, they threw in the towel. Europe was now in the hands of the bankers. The latter could now start thinking about bulldozing the whole lot, hence WWI.

Advertisements

History is simple

                                        

History is simple. All one has to know is what happened in 1694, 1781, 1804, 1875, 1913 and 1944. Those are the turning points that led to the creation of the great market economies that make up our world today. If we know what important developments took place in those years, we know how our world of credit works.

In 1694, bankers from Amsterdam and London, mostly Jews and Huguenots, created the first private national bank ever: the Bank of England. They had succeeded in creating an official financial institution that replaced the unofficial one represented by the Catholic Church of Rome prior to Henry VIII’s shenanigans.

In 1781, Mayer Amschel Bauer, succeeded in snatching the American pie, a very small pie at the time, from those same English bankers. That was the year he created the Bank of North America.

Mayer then went on to destroy what was left of Europe’s financial power, the Church of Rome, and he started with France, the cornerstone of that power. He pulled off the biggest real estate scam in history and became extremely rich and powerful in the process. In 1804, the takeover of France was complete when Napoleon entrenched the Napoleon Code.

 However, the Catholic Royalists who had lost a lot of assets to Mayer weren’t about to throw in the towel. It took three more revolutions for Mayer’s descendants to make them cry uncle. In 1875, some 80 years after the French Revolution, the Catholic Royalists finally caved in and agreed to have France run by an elected president. That marked the definite end of the Church of Rome as a financial power.

In 1913, as we all know, the Federal Reserve board was created which meant the US Dollar was on the road to replacing the English Pound and become the first world fiat currency of reference.

 However, in order to do that, the ex-Holy Roman Empire countries in Europe had to be forced into accepting that currency. After two world wars and much death and destruction, in 1944, the leaders all sat down at Bretton Woods and accepted the US Dollar as the world fiat currency of reference. Mayer’s descendants were now in total control of the financial institutions of the world; all the currencies were fixed to the US Dollar. 

 Today, the world is run by pushing the levers of credit. Mayer’s dynasty can make GM go under, play with the stock exchanges, the gold prices, and the economies of Europe. Making China grow skyscrapers instead of rice is a piece of cake, rice cake that is. Everybody is forced to accept the US Dollar and that currency isn’t the property of the US Government in spite of its name. Would the dynasty that created the Bank of North America in 1781 have anything to do with printing the stuff?

The Industrial Revolution

Immediately following the creation of the Bank of England, there was a formidable period called the Industrial Revolution. The main reason for this splurge of economic activity was that the bankers were no longer at the mercy of the Absolute Kings of Divine Right; though undeclared, they were now the kings. They no longer hesitated in financing research, development and production, and it was, second to the creation of Christianity, the greatest period for common man in the history of man.

They printed as much paper money as possible and backed it up with as little gold as they could get away with. They always took care not to undermine the confidence in the Pound, the political stability in the land, and the creation of wealth.

After 100 years of frenzied economic activity the whole world of commerce had become English. Nonetheless, there was nothing international about the Bank of England, other than that the bankers used the Pound to do business in different parts of the world.

These Jewish banking families who had, for centuries, been treated like scum by the Kings of the Holy Roman Empire were now extremely rich and powerful, and were extremely proud to be at the top of the English social landscape. They were English first and foremost, the Pound was the symbol of their power, and the Bank of England was its repository. The idea of tying another Central Bank to the Bank of England or another species to the Pound and making finance international had not occurred to them. That kind of parochial thinking is what made it easy, in 1775, for the greatest financial wizard of all time to steal the American pie.

%d bloggers like this: