In the North, neither greenbacks, taxes, nor war bonds were enough to finance the war. So a national banking system was created to convert government bonds into fiat money, and the people lost over half of their monetary assets to the hidden tax of inflation. In the South, printing presses accomplished the same effect, and the monetary loss was total.
G. Edward GriffinThere is much evidence indicating that the Capitalistic and Communist conspiracies BOTH are directed by a single master conspiracy which may have continuity with the Order of the Illuminati which was founded 200 years ago.
G. Edward GriffinBy...WWII, I.G. Farben had become...part of the most gigantic and powerful cartel of all history...interlocking agreements...over 2,000 of them...In the US, the cartel had established important agreements with
G. Edward GriffinDuring the fiscal year ending in 1861, expenses of the federal government had been $67 million. After the first year of armed conflict they were $475 million and, by 1865, had risen to one billion, three-hundred million dollars. On the income side of the ledger, taxes covered only about eleven per cent of that figure. By the end of the war, the deficit had risen to $2.61 billion. That money had to come from somewhere.
G. Edward GriffinThroughout the first half of the nineteenth century, the (Rothschild) brothers conducted important transactions on behalf of the governments of England, France, Prussia, Austria, Belgium, Spain, Naples, Portugal, Brazil, various German states and smaller countries. They were the personal bankers of many of the crowned heads of Europe. They made large investments, through agents, in markets as distant as the United States, India, Cuba and Australia.
G. Edward GriffinThe European powers had been anxious to see the United States become embroiled in a civil war and eventually break into two smaller and weaker nations. That would pave the way for their further colonization of Latin American without fear of the Americans being able to enforce the Monroe Doctrine.
G. Edward Griffin