Financial Cabal

The Definition of Modern Conquest

Conquest, traditionally understood as the attainment of power through military operation, has been redefined in the modern period. The modern conqueror operates outside the realm of public figures; he neither leads armies nor seeks fame or glory. He is a financier who operates within the most concentrated form of power: the power over money, around which the entire world has revolved since the inception of currency.

Such figures value secrecy, manipulation, and raw efficiency as the only means to ascend to a position of rule whose effects are felt universally, even by those unaware of the conqueror’s existence. While the golden age of fiscal expansionism is succeeded by an era of financial consolidation, there was a time when banking provided a shortcut that transformed unremarkable men into masters.

The Historical Archetype: Bank of England

The Bank of England serves as the historical archetype of a cunning and deceptive institution. To the aspiring financier, the Bank of England is comparable to the reverence Napoleon held for Alexander the Great.

It was established by a cabal of financiers who utilised all necessary means—including political violence, instilling division, bribery, market manipulation, military invasions, and pamphleteering—to secure its position as the most influential financial institution of its time.

By the 19th century, the institution and its descendants had managed to conquer the whole world, serving as the de facto rulers in most of Europe.

The American Anomaly and Financial Interest

The colonial states of America, an English colony valuing independence, remained the one place of paramount importance that the Bank of England had neglected to subjugate.

The colonial period was characterised by unmatched prosperity, marked by almost no taxes and the absence of a central bank standing above state governments. This framework allowed tax revenues to be used for productive purposes. Benjamin Franklin documented the impossibility of finding a population on the surface of the globe happier and more prosperous than the colonists.

Compared to England, the colonies benefited from lower tax rates that were not directed towards paying a perpetually increasing debt, resulting in higher employment, fewer recessions, and an average income 30 to 60 per cent higher.

For a banker, such prosperity signifies that a country possesses capital that is not being wasted on a never-ending debt. Every single penny that does not flow into the banker’s pocket via debt is considered a wasted penny, even if it results in widespread prosperity.

The difference in living conditions was starkly acknowledged by the Bank of England after Benjamin Franklin visited London in 1763. Franklin remarked that compared to the slum conditions prevalent in England, the colonies were vastly superior in living standards.

When asked by Parliament about the reason for this prosperity, he explained that the colonies issued their own money, called colonial script, in proper proportion to facilitate the easy flow of products from producers to consumers.

By creating their own paper money, the colonists controlled its purchasing power and paid no interest to any external entity. This declaration served as a revelation to the financiers of the Bank of England, who recognised that an economic giant, largely independent of their control, was developing unnoticed.

The Restriction of Colonial Script and the First Bank

The English bankers, having realised that they had completely failed to subdue the colonies financially, acted quickly. The subsequent year saw the issuance of a currency bill which restricted the ability of the colonies to issue their own paper money and prohibited its use for paying both public and private debts.

This allergic reaction to debt-free currency stemmed from the fact that it allowed the government to largely pay its own debts without incurring substantial costs, thereby countering debt, the most precious strategy employed by bankers.

Under the new restrictions, the Bank of England was to issue English money in America in return for interest paid by the American taxpayer.

The money supply suddenly contracted, and unemployment rose to nearly 50 per cent. The long-term effects of this restriction imposed upon America were so profoundly damaging to colonial prosperity that they can be regarded as the main cause of the Revolutionary War, surpassing the impact of any later tax imposed on the colonies.

Despite the subsequent liberation from England, the London bankers still managed to attain influence by establishing a bank predominantly owned by them and their agents.

This institution, the Bank of the United States, established in 1791 under the guidance of Alexander Hamilton, served as their back door into power in the freshly independent US. Hamilton praised the concept of national debt, asserting that a national debt, if not excessive, would be a national blessing.

He effectively supported stripping the government, which is accountable to the people, of the right to issue currency, delegating this duty instead to a group of independent and anonymous bankers. This central bank was 75 per cent foreign-owned.

The bankers’ strategy involved first ensuring the US was severely in debt following the revolutionary war. They then established a supposedly independent bank to manage the war debt, ensuring that debt remained constant by implementing debt-bearing currency to shackle the government to their monetary system.

The War of 1812 and the Second Bank

The general population and many politicians, including Thomas Jefferson, disliked the First Bank. When the bank’s charter came up for renewal in 1811, Jefferson straightly refused the extension, and the bank was closed by a single vote in Congress.

This narrow margin already indicated the concerning degree of power the bankers possessed. Mayer Amschel Rothschild, one of the largest investors in the bank, supposedly reacted furiously to the collapse and threatened war upon the US if his demands were not met.

England subsequently declared a war on the US one year after the abolition of the first bank, most likely acting on behalf of the financiers.

The War of 1812 was designed to starve the US of money and compel submission to the Bank of England's financiers. This strategy succeeded. Over the lives of the 24,000 who perished during the conflict, a Second Bank of the US was established to address the national debt, which had ballooned by 182 per cent.

The European and Jewish financiers were the true victors, having secured a second opportunity to gain control over the US via the second bank, which posed a constant threat to the livelihoods of everyday Americans.

Inducing Recession: The Panic of 1819

A critical step in financially conquering a country is crashing the domestic market. A recession suffices, as the ultimate goal is to purchase property, contracts, and resources at artificially depressed prices. This monopolisation of industry, land, and resources increases leverage over the people and the government.

The freshly established Second Bank began lending money freely, particularly to prospectors, speculators, and settlers moving westwards, often through settling policies that granted free citizens land on credit. This, combined with the ideals of manifest destiny, resulted in extreme demand that significantly increased the price of land, resources, building, and infrastructure contracts. Demand was exceptionally high because farming was highly profitable during the Napoleonic Wars, as European agriculture was unproductive, making American grain highly valued. Consequently, many purchased land out west on credit.

However, despite extending significant loans, the bankers made minimal changes to the bank’s reserve capital, intentionally remaining on the verge of an insolvency crisis. They were aware that the Napoleonic Wars would eventually conclude, and the subsequent recovery of European agriculture would negatively impact US grain prices, yet they failed to remedy the situation.

When news arrived that European grain production was rebounding after the war, the demand for American grain in Europe dropped, crashing grain prices in the US. Given that many settler farmers had purchased their land on credit, they were unable to cover their loans.

The bank responded by demanding instant payment of the loans, calling them in all at once at the worst possible moment. Interest rates were simultaneously increased, further hindering people's ability to repay.

The bank’s deliberate mishandling of the grain price crash resulted in widespread defaults. Desperate individuals sold their properties out west for significantly reduced prices merely to afford their debts. Land and resource prices in the frontier drastically fell.

This enabled the financiers and their accomplices to purchase land, acquire contracts, and resources at artificially depressed prices. This constituted the artificially induced recession of 1819 to 1821, which devastated families but enriched those working with the bank through market manipulation and favourable timing.

Jackson’s Retribution and Opposition to the Bank

The artificially induced recession strengthened the argument for abolishing the private central bank on American soil. Andrew Jackson, known for his deep disdain for British influence, recognised the Second Bank of the US as a foreign and subversive institution. Jackson served two presidential terms and, during his re-election campaign, built sufficient support to confront the bank.

Jackson lamented that the rich and powerful too often bend the acts of government for selfish purposes. He warned that controlling the currency, receiving public monies, and holding thousands of citizens in dependence would be more formidable and dangerous than the naval and military power of the enemy. The influential power of these financiers is derived from their ability to create wealth, not merely possess it. Their success in concealing their identities and actions means that historical accounts are forced to describe their operations as akin to a hive mind rather than individual efforts.

The bankers became aware of Jackson’s vehement opposition. Shortly after his re-election under the explicit slogan of abolishing the bank, a failed assassination attempt occurred. As Jackson was leaving the US Capital building, an English house painter approached him and pulled out a pistol that misfired, followed by another pistol that also misfired, allowing the president to apprehend the assassin and remain unscathed. Jackson previously stated to his friend, The bank, Mr. van Beern, is trying to kill me, but I will kill it.

Jackson made it his mission to collapse the bank by refusing to extend its charter. He also accomplished the unprecedented task of repaying the entire national debt of the US. Following this act, the US developed for 77 years without the necessity of a central bank.

War, Greenbacks, and Subsequent Assassinations

Jackson’s actions were extremely inflammatory to the European banking conglomerate, forcing them back to the initial phase of their strategy to subjugate the US financially. The financiers persisted in their goals, understanding that war provides the ideal opportunity to strike, necessitating vast spending and allowing corruption through monetary loans. The American Civil War provided the circumstances for the bankers to ensnare the nation once again.

When the Civil War broke out, Abraham Lincoln sought funding from New York bankers. The financiers, recognising a desperate president, offered loans with high rates ranging from 24 to 36 per cent—rates intended to cause significant repayment difficulty and justify the future creation of a central bank. Lincoln refused the offer.

Following advice, Lincoln passed a bill permitting the creation of fiat currency ex nihilo, without incurring debt.

This currency, known as Greenbacks, created no debt and had no gold or silver standard, similar to the colonial script used previously. This afforded Lincoln’s government flexible fiscal policy. Lincoln stated that the great advantage of the United States over the banks is that it can issue its own money.

The bankers were enraged, as this currency, free of debt and manipulation via metal supply control, countered their conquest goals.

The bankers retaliated by passing a bill through Congress that made it impossible to pay debt using Lincoln’s dollars, and Greenbacks were quickly pulled out of circulation. The resulting deflationary spiral reportedly caused the failure of over 5,000 businesses and precipitated the Long Depression. Lincoln allegedly claimed that he had two great enemies: the sovereign army in the front and the bankers in the rear, asserting that the bankers were his greatest foe. Lincoln, having stated upon re-election in 1864 that his goal was the restitution of the debt-free Greenback dollar, was assassinated in 1865.

This pattern of opposition followed by attempts upon life is observed historically. Spencer Perceval, the English prime minister who refused to drag the country into the War of 1812 right after the first bank was collapsed, was assassinated. Andrew Jackson, who aimed to collapse the second bank, survived an attempt on his life which he publicly blamed on the bankers. Lincoln, who attempted to institute an independent, debt-free currency, was killed.

A later instance involves John F. Kennedy. On June 4th, 1963, he issued an executive order requiring the Treasury to print four billion dollars in two- and five-dollar bills that were free of any debt and interest. These bills were backed by silver, a controversial standard in the 20th century. The seigniorage from their creation went directly to the government rather than the US Federal Reserve. Kennedy was assassinated less than half a year later in Dallas, Texas.

The Control of Currency: The Crime of 1873

Currency is recognised as a compacted form of labour whose value is constantly changing. The control over the value of money directly influences how people treat it—whether they hoard or invest it. Controlling the medium of exchange is the singular, utmost obsession of the banker. Success in this endeavour ensures mastery over all people, as the financier directly controls how much people are paid and how their labour is appraised and valued.

Following the Revolutionary War, the US maintained a bi-metallic standard, backing currency with reserves of both silver and gold. This meant that any expansion or contraction of the money supply required a corresponding change in the supply of gold or silver. Since silver was highly abundant in the 18th and 19th centuries due to intensive mining operations, this bi-metallic standard complicated efforts to attain control over the currency.

To seize control, the use of silver as a reserve resource was forbidden. Gold, the extremely scarce metal, was designated as the sole standard for currency. This was achieved in 1873 with the abolition of the silver exchange, which meant silver bullion could no longer be coined. Since the bankers owned most of the world’s gold, they were now able to manipulate currency more effectively.

The US was forced to purchase almost all its gold from four specific gold brokers in England, paying a 70 per cent premium on each ounce. This ruse stole hundreds of millions of dollars from the American people. According to a sworn affidavit from Frederick A., he was informed by Ernest Sade, an English-German banker, that the governors of the Bank of England ordered the abolishment of the silver exchange in the US. This mandatory institution of a singular gold standard is historically termed the Crime of 1873.

The Establishment of the Federal Reserve

The period following the Crime of 1873 was marked by numerous bank panics and recessions. Prior to the crash of 1907, Jacob Schiff, a prominent banker, stated that without a central bank with adequate control of credit resources, the country was destined to undergo the most severe and far-reaching money panic in history.

In that same year, the predicted crash ensued. Shares on the New York Stock Exchange fell 50 per cent. Industrial production dropped 11 per cent, imports increased by 26 per cent, and unemployment rose from 3 per cent to 8 per cent.

This severe crash was sufficient to crush populist opposition to the creation of a central bank, as media outlets insisted that such an institution was the sole solution. These recurrent crashes, which were caused by bankers, functioned as a ransom, demanding the cessation of economic ruin that occurred approximately every three years.

The 1907 crash was the critical event that forced the US government to yield to the financiers’ power for the final time. To deceive the public, the conspirators introduced two seemingly distinct plans for establishing a central bank: the Aldridge plan and the Wall Street plan. Both plans would ultimately result in the creation of a central bank, with small cosmetic differences used only as distractions.

In 1910, the most influential American bankers, including agents for Europe’s largest banking houses, travelled covertly to Jekyll Island, a luxurious hunting estate owned by financier J P Morgan. There, the group, known as the First Name Club to conceal their identities, planned the establishment of the US Federal Reserve, a central bank intended to rule all. This institution was designed to transfer the ability to govern fiscal policy away from the US government, which was held accountable by the people, into the hands of a small banking oligarchy.

President Woodrow Wilson allegedly threatened senators with denying their Christmas break unless they passed the bill establishing the Federal Reserve. Congressman Charles A. Lindbergh Senior stated that the act establishes the most gigantic trust on earth. He declared that the signing of the bill would legalise the invisible government of the monetary power, concluding that the banking and currency bill constituted the worst legislative crime of the ages.

The Federal Reserve is not a federal institution; its ownership is entirely private, and its owners remain anonymous and unaccountable.

The claim by the financiers that the bank’s establishment would bring financial stability proved hollow. Sixteen years after its creation, the single greatest market collapse ushered in the Great Depression.

The creation of the Federal Reserve constituted the moment when the US government was stripped of its ability to govern fiscal policy and consequently lost its independence, akin to a prince surrendering his weapon to the king. This fiscal policy would thereafter serve the interests of the new master. The establishment of a central bank is, fundamentally, a power transfer.

The financiers, lacking the renown of Julius Caesar or Napoleon, were nonetheless the most significant conquerors of their times and remain so.

Their success in covering their tracks and operating outside the public eye is astounding. The control of currency and fiscal policy, once attained, provides influence over how life’s labour is appraised and valued, securing the financier as the master of all people.

This transition of power, achieved through secrecy and debt, is analogous to a siege where the city gates are opened not by force of arms, but by the slow, relentless manipulation of the internal economy, concluding in a silent conquest.

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