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6139008-History-of-Money

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them to "...strip real wealth from the people, through interest paid on 'phantom money,. This has been an effective wayfor the bankers to rob nations and centralise their wealth." ("God - The Ultimate Paradox", p. 113) It was this secondsystem which gave birth to the modern banking system - adopted by the "Jews" - which eliminated the first systemdescribed above. Jewish bankers began to loan large sums to royalty for wars - which became difficult to repay - with thevictor usually being the king to whom they loaned the most and the vanquished saddled with huge debts <strong>of</strong> reparation. Asbankers and tax collectors, these Ashkenazi European "Jews" became despised by the citizenry <strong>of</strong> various countriesbecause <strong>of</strong> the debt which burdened them with taxes; so much so that even the placid Sephards were persecuted,especially by the harsh Spanish Inquisition. England was the last country to come under Khazar-Jewish influence and firstto expel all Jews in 1290. "The Great Eviction", as it became known, occurred thus: France 1306, Saxony 1349, Hungary1360, Belgium 1370, Slovakia 1380, Austria 1420, Netherlands 1444, Spain 1492, Lithuania 1495, Portugal 1498, Prussia1510, Italy 1540, Bavaria 1551, Hungary 1582 ("Behind Marxism" pages 4-7). This period also marked the transition <strong>of</strong>Europe into the Renaissance - a rebirth <strong>of</strong> culture and learning which coincided with the wresting <strong>of</strong> commercial controlfrom the money-lending Khazar descendants. These Jews had since retreated to a "Pale" area stretching from Poland toTurkey, regrouping into Kahats (or ghettos) in which they even had their own government and infrastructure. Suchconditions put these mostly-Khazar Jewish people under the control <strong>of</strong> their wealthy money barons via the Rabbinic Elders(hence the phrase, "beyond the pale"). Looking at "God - the Ultimate Paradox", David Ash tells us (p.69:) that in ancienttimes, Jews "had a governing body ... known as the 'Council <strong>of</strong> Elders'". The Hebrew word for 'Elder' means "... 'in touchwith God'. In the 19th century this council "described itself as the learned Elders <strong>of</strong> Zion". We learn that there is a groupwithin the Elders which infiltrates and creates secret societies - such as the Masons - known as 'The Brotherhood <strong>of</strong> theSnake ... In modern times this brotherhood has adopted the title <strong>of</strong> Illuminati" (p.74).AC 752: Pepin the Short <strong>of</strong> France starts minting the Denier This new silver coin serves as a model for the English pennyFall <strong>of</strong> The Roman EmpireThe Punic Wars between Rome and Carthage proved to be very expensive and at one stage Rome seems to have run out<strong>of</strong> money altogether and been forced to rely on credit. The expense <strong>of</strong> supporting the Roman army may be judged by thefact that the cost <strong>of</strong> maintaining just one legion (after the last Punic War) was about 1,500,000 denari a year. Thereforethe main use <strong>of</strong> the annual production <strong>of</strong> silver coins was simply to pay the army. Because <strong>of</strong> this expense emperors were<strong>of</strong>ten tempted to try and make savings by debasing the coinage - a technique used in many countries for as long as coinswere made from precious metals. (One typical method <strong>of</strong> debasement was to use metal with a lower grade <strong>of</strong> purity).However, debasement resulted in inflation which got steadily worse when in addition to their army the Romans had tomaintain a large bureaucracy and also spent huge amounts on welfare payments. Various emperors introduced financialreforms to try and halt inflation but some <strong>of</strong> their attempts actually made matters worse. Aurelian simply raised thenominal value <strong>of</strong> his coins by two and a half times the value <strong>of</strong> similar ones with the result that the pace <strong>of</strong> inflation wasno longer constrained by the rate at which hand-struck coins could be minted. Glyn Davies suggests that those whobelieve in the disinflationary magic <strong>of</strong> a gold currency should note that Aurelian proved conclusively that a "reformed"currency is perfectly compatible with an increase rather than a decrease in inflation. The most successful was Diocletianwho introduced a whole series <strong>of</strong> measures including reforms <strong>of</strong> the currency, a system <strong>of</strong> annual budgets, and a pricesand incomes policy. Thus there was a shift from a market economy in the direction <strong>of</strong> a controlled one. Diocletian'ssuccessor Constantine continued his reforms and also introduced new gold coins and ensured that there was a plentifulsupply for the influential sections <strong>of</strong> Roman society. The measures undertaken by these two emperors did not eradicateinflation but they did enable Rome to live with it, ensuring the survival <strong>of</strong> the western empire until the 5th century andlaying the foundations <strong>of</strong> the eastern or Byzantine empire. The army and the bureaucracy were kept happy while welfarepayments helped to keep the poorest sections <strong>of</strong> society from causing trouble. Nevertheless Rome was seriouslyweakened by inflation before it fell.As the small farming class which was the backbone <strong>of</strong> Rome fell into financial difficulties due to rising taxes and inflation,the rich began to buy up the land and create huge plantations for themselves. Slavery was already an institution but asthe plantations grew in size, the need for a huge labor pool to work the plantations grew. Thus, slavery as an institutionwas gradually expanded. You could now become a slave four ways. If you were in debt, you could be seized as a slave topay <strong>of</strong>f your debts, if you broke laws, they would save money on prisons and police by simply sentencing you to slavery, ifpeople somewhere in the empire rebelled, they would be crushed and enslaved, and finally, Romans occupied North Africaall the way down to Nubia in sub-Saharan Africa. African tribes kept slaves too. They would sell surplus slaves to theRomans. How did this hurt Rome? Eventually 20% <strong>of</strong> the populations were slaves. This meant that more slaves weredoing the work <strong>of</strong> free men. Thus, jobs became scarcer and more unemployment resulted. The tax base shrank and Romehad to raise taxes on the people who were free to make up the difference and this led to more debt and morebankruptcies and more slaves and the problem grew.It was the emperors <strong>of</strong> Rome who used hard money to build the greatest political and military dynasty the World had everseen. Rome’s wealth rose to glorious heights through conquest and little real commerce. In his book The <strong>History</strong> <strong>of</strong><strong>Money</strong>, Jack Weatherford explains, "Rome’s fame and glory came from the military and from conquest, and their riches,too, derived much more from the achievements <strong>of</strong> the army than from those <strong>of</strong> the merchants." As long as Rome’s legionsconquered new lands, the empire thrived. But each new occupation required ever-greater resources. In 130 B.C. Romeconquered the kingdom <strong>of</strong> Pergamum. In a few years, Rome’s spending doubled from 25 million denarri (a Roman silvercoin) to 50 million. By 63 B.C., the budget grew to 75 million denarri, and spending was beginning to spin out <strong>of</strong> control.Vast strategic ambitions and pork-barrel spending were beginning to sap the economic vitality from the Empire. By thetime <strong>of</strong> Augustus, with Rome at its apex, spending rose to an astonishing 250 million denarri, or 10 times what it hadThe Hidden <strong>History</strong> Of <strong>Money</strong> & New World Order Usury Secrets Revealed at last! Page 218

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