Mechanism. The startling fact emerges that, without the ability to create fiat money, most modern wars simply would not have occurred. As long as the Mechanism is allowed to function, future wars are inevitable.
This is the story of how that came to pass.
11. The Rothschild Formula 217
12. Sink the
13. Masquerade in Moscow 263
14. The Best Enemy Money Can Buy 285
IV. A TALE OF THREE BANKS 307
It has been said that those who are ignorant of history are doomed to repeat its mistakes. It may come as a surprise to learn that the Federal Reserve System is America's fourth central bank, not its first. We have been through all this before and, each time, the result has been the same. Interested in what happened?
Then let's set the coordinates of our time machine to the colony of Massachusetts and the year 1690. To activate, turn to chapter fifteen.
15. The Lost Treasure Map 309
16. The Creature Comes to America 325
17. A Den of Vipers 341
18. Loaves and Fishes, and Civil War 361
19. Greenbacks and Other Crimes 377
V. THE HARVEST 405
Monetary and political scientists continue to expound the theoretical merits of the Federal Reserve System. It has become a modern act of faith that economic life simply could not go on without it. But the time for theory is past. The Creature moved into its final lair in 1913 and has snorted and thrashed about the landscape ever since. If we wish to know if it is a creature of service or a beast of prey, we merely have to look at what it has done. And, after the test of all those years, we can be sure that what it has done, it will continue to do. Or, to use the Biblical axiom, a tree shall be known by the fruit it bears. Let us now examine the harvest.
t
20. The London Connection 407
21. Competition Is A Sin 431
22. The Creature Swallows Congress 451
23. The Great Duck Dinner 471
VI. TIME TRAVEL INTO THE FUTURE 505
In the previous sections of this book, we have travelled
through time. We began our journey by stepping into the past.
As we crisscrossed the centuries, we observed wars, treachery, profiteering, and political deception. That has brought us to the present. Now we are prepared to ride our time machine into the future. It will be a hair-raising trip, and much of what lies ahead will be unpleasant. But it has not yet come to pass. It is merely the projection of present forces. If we do not like what we see, we still have an opportunity to change those forces. The future will be what we choose to make it.
24. Doomsday Mechanisms 507
25. A Pessimistic Scenario 537
26. A Realistic Scenario 565
PHOTOGRAPHS
The seven men who met in secret at Jekyll Island 24
The Fabian Society stained-glass window 106
First photo section 208-214
Period cartoons about the Rothschilds 234
Items relating to the sinking of the Lusitania 262
Second photo section 396-404
APPENDIX
A. Structure and Function of the Federal Reserve 590
B. Natural Laws of Human Behavior in Economics .......... 592
C. Is Ml Subtractive or Accumulative? 594
BIBLIOGRAPHY 596
INDEX
602
PREFACE
