What Mr. Rothschild had discovered was the basic principle of            power, influence, and control over people as applied to economics.            That principle is "when you assume the appearance of power, people            soon give it to you." 
         
Mr. Rothschild had discovered that currency or deposit loan            accounts had the required appearance of power that could be used to            induce people (inductance, with people corresponding to a magnetic            field) into surrendering their real wealth in exchange for a            promise of greater wealth (instead of real compensation). They            would put up real collateral in exchange for a loan of promissory            notes. Mr. Rothschild found that he could issue more notes than he            had backing for, so long as he had someone's stock of gold as a            persuader to show his customers. 
         
Mr. Rothschild loaned his promissory notes to individual and to            governments. These would create over confidence. Then he would make            money scarce, tighten control of the system, and collect the            collateral through the obligation of contracts. The cycle was then            repeated. These pressures could be used to ignite a war. Then he            would control the availability of currency to determine who would            win the war. That government which agreed to give him control of            its economic system got his support.          
Collection of debts was guaranteed by economic aid to the enemy of            the debtor. The profit derived from this economic methodology mad            Mr. Rothschild all the more able to expand his wealth. He found            that the public greed would allow currency to be printed by            government order beyond the limits (inflation) of backing in            precious metal or the production of goods and services.
No comments:
Post a Comment