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banking

Everything is economics and war is indeed no exception. Not many figures will be necessary to remind of Germany's unprecedented economic expansion after her unification in 1871. The following may suffice: Production in coal between 1871 and 1906, quadrupled; between 1875 and 1913, it increased from 48,530,000 to 273,650,000 tons. Production in pig iron, between 1871 and 1901, quintupled. Production in...

  “The bank hath benefit of interest on all moneys which it creates out of nothing.” — William Paterson, founder of the Bank of England in 1694   “The idea of a national bank is dead, and will not be revived in my time.” — Zachary Taylor President Zachary Taylor opposed the creation of a new Private Central Bank, owing to the historical abuses of the...

Alexander Del Mar disclosed the "monetary secret of the ages" For thousands of years this mechanism was a great source of power to whoever held it. Elements of the Roman establishment drew great strength from their control over it, until its effects helped bring down the Roman empire from within. Venice's profits from it helped spark the Renaissance. It was quitely...

“Since it is quite impossible to understand the history of the twentieth century without some understanding of the role played by money in domestic affairs and in foreign affairs, as well as the role played by bankers in economic life and in political life, we must take a glance at each of these four subjects.” quote of professor Carroll Quigley, (Tragedy...