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Financial Understanding + Responsibility Yields Independence

WE BREAK FINANCIAL INDEPENDENCE INTO SIMPLE, MANAGEABLE PIECES

Finance and Fury will be focusing on helping you define your aims, and increase your knowledge and ability so you can make the best financial choices.

Nov 1, 2019

Pre WW2 – Money and the incentive for war

History is written by the victor – the focus is often the war itself – but not what happens behind the scene -

  1. How has war shaped the economy? – Last week went through tax changes to economy
  2. This week – want to talk about the behind scene to war – financial interests and those who carry them out

Governments wage wars – the citizen fight them

  1. It is Governments which wage war with each other – Nation states, or NATO – Used to be directly – Nation v Nation–
    1. Now also indirectly – pre-cold war – nations went to war with one another – now, nations fund other countries to do it on their behalf
    2. But who else is funding the wars? Used to be the Monarchs (Governments) directly – not much in the way of banks/interconnected financial system in medieval periods – borrowed from other lords and money was gold/resources
  2. With the expansion of credit and fractal banking methods from Napoleonic period – bankers started gaining the ability to carry the monarchs (nations) through wars
    1. Two big changes here – 1) funding could come from other nations and banks 2) funding could come from money you don’t have -
    2. Source from Bankers and eventually central bankers (which fund governments war budgets)
  3. Two stages – Before central banks – Governments relied on private bankers -
    1. One prominent family which made their fortune from war – Rothschilds – there were others – but only one made a movie about themselves due to the public hating them – PR spin
    2. Patriarch – Mayer made his fortune through facilitating payments between the royals and mercenaries – Prussians in Frankfurt – Famously said: Permit me to issue and control the money of a nation, and I care not who makes its laws!
    3. Movie - House of Rothschild movie from 1934 – 20th Century Pictures (now fox) – 3 producers funded by Rothschild made this movie – academy awards – can go watch it – few inaccuracies – but the major one is the ending
    4. True parts – that in the European wars transferring the balance of payments was dangerous – can be taken away
      1. So sent 5 sons to major financial hubs – Paris, Frankfurt, Vienna, Milan, London – payments could be made in IOUs – someone in London needs money – can issue it in that country and not have to transport from Germany
    5. Ending of the movie - Panic at waterloo – Lord wellington v napoleon after getting free from Elba – British Bonds dumped by Nathan Rothschild – create panic – bought back on the penny – movie just had the second part – him being the saviour and fighting the war with money – either way – became the richest man on earth overnight -owning most of the British Governments debtor obligations
  4. Along with Global Central Banks – Monetary institutions like the BIS and IMF – created out of necessity due to wars
    1. BIS - Swiss based Bank for International Settlements - creation in 1930 was, according to the BIS, primarily to settle reparation payments – payments imposed on Germany following the First World War
      1. without WWI – a major crisis event – there would have been no mandate for the BIS to exist.
      2. As well as settling German reparation payments, the BIS was also recognised from the outset as a forum for central bankers – the first of its kind – where they could speak candidly and direct the course of global monetary policy.
  • Hjalmar Schacht - was Reichsbank President from 1933 to 1939 and Hitler’s finance minister, was a BIS director.
    1. tried and acquitted of war crimes following WWII.
  1. Walther Funk, a former Nazi economics minister and Reichsbank President from 1939 to 1945, was also a BIS director.
    1. Funk worked closely with Heinrich Himmler, who was chief of the SS - also pioneer of a 1940 paper called, ‘Economic Reorganisation of Europe‘, which was endorsed by the Nazi leadership and is stored in the BIS archive.
    2. the parallels between the plans of the Nazi leadership for a post-war European economy and the subsequent process of European monetary and economic integration were real‘.
    3. In other words, the objectives of post WWII internationalists mirrored those of the Nazi regime – BIS was involved in both
  2. IMF - would have been no mandate for the IMF to exist were it not for WWII - Fund was founded in 1944 (off the back of World War Two) at Brenton Woods conference - became part of what internationalists call the ‘rules based global order‘.
    1. All have expansion capacity for the lending capacity to fund ever lasting wars
  3. The thinkers of the day gave unification and one global system as a way to avoid conflicts like world wars - What these thinkers overlooked was that democratic societies have little say in wars by proxy and what the financial system wants – which is undemocratic
  4. Banks now have incentives – so democracy doesn’t do anything as banks aren’t democratic
    1. Politicians also act on the behalf of those who back them – central bankers or general bankers
    2. War Bonds – Issued by banks to fund the wars of nations – massive profits made out of these -

 

Example of political leaders carrying out the bidding of the bankers who owned them through personal debts -

  1. Another example - Churchill – Prime Minster for ww2 – led Britain into both World Wars with his famous ‘V’ salute
    1. Some of this information may come as a surprise – as he is revered by many people as the greatest ever Englishman – movies made about him – but I find it more interesting to read the primary sources from those who knew him and not reinterpretations in movies from Hollywood
  2. Churchill has been exposed as a puppet of bankers and served their interest before that of Britain and the millions who lost their lives
  3. Back in WW1 – he was Britain’s youngest-ever First Sea Lord – thanks to daddy’s connections - Lord Randolph Churchill
    1. he unwisely advocated an amphibious landing in Turkey (ottomans) to relieve pressure on the Western Front.
      1. A total of 500,000 British, ANZAC, French and Indian troops ultimately took part in the doomed battle of Gallipoli. Between the amphibious landing in February 1915 and their evacuation in December they suffered 50% casualties-with nothing to show for the immense human cost – stripped of command after that
    2. He clawed his way back into politics – changing parties and positions 4 times along the way but was elected Prime Minister
      1. his skills were on offer on several more occasions for the right price - known in the House of Commons as ‘The Shithouse’ from his initials WC – Now – moving on to WW2 -
    3. Quote - “The unforgivable sin of Hitler’s German was to develop a new economic system by which the international bankers were deprived of their profits”
      1. Nazi’s seized the Rothschild bank in Austria (Vienna) – Was fully aware of the history of funding both sides of the war
      2. Churchill didn’t say that the killing of millions was unforgivable – it was the depriving of his friends from their profits
    4. Well known fact back them – Churchill's family was deep in debt to the Rothschild’s – along with being family friends
    5. Lord Randolph Churchill- close friend of Nathan Rothschild - received "extensive loans" from the Rothschild's
    6. He accepted £150,000 to bring Britain into World War II for the Rothschild bankers against Germany, and to latterly drag in the USA
      1. Incentives for banks was money – previous episode on JP Morgan’s involvement with WW1 and the USA – would have lost a lot of money if Germany had won –
      2. Churchill was so well-known for this helping the bankers that at the beginning of the war, before they entered the fray, FDR told him, “if anything happens to any American ships, our first thoughts will be of you British.”
    7. Sir Anthony Blunt - The master-spy, Rothschild operative - said on record that Hitler was negotiating for peace right through the war, and sent his deputy Rudolph Hess to Britain to pursue a peace which Churchill continually refused.
      1. Rothschild’s advice to Churchill was for ‘total destruction’
    8. Despite popular belief – Hitler never wanted to go to war with France or England –
      1. Hitler was a rabid Anglophile - and did not want war with Britain (or France) at all – Why would he let 400,000 UK and French soldiers retreat from Dunkirk? He saw the Brits as his allies – the royals were Nazi supporters after all
    9. History is fascinating - The Nazi/Soviet pact resulted in Russia and Germany splitting Poland in half, yet Churchill decided to take Britain to war with Germany and made Russia an ally – All while Stalin was carrying out his own Holocaust on a bigger scale – between 1932 and 1933 he starved/mascaraed 7m Ukrainian Christians to death – but Churchill entered into an agreement with him before the Holocaust even happened – remember – Churchill thought Hitler’s greatest sin was not allowing international bankers to make their profits – sheds new light on true motives
      1. This made no sense whatsoever to the intelligence services. Of course, the general assumption and indeed perception of ‘how the world really works,’ is that politicians always do what is right and proper for their country and its peoples, but this is far from being the case – But he was just serving the interest of the bankers – As Stalin didn’t get in the way of their profit making – even though he was doing the same things the Nazis did but 10 years earlier -
    10. Want to read something from Admiral Sir Barry Edward Domvile - was a high-ranking Royal Navy officer who was interned during the Second World War for being a Nazi sympathiser – cause he didn’t want to go to war
    11. “I had a strong suspicion that there was some mysterious power at work behind the scenes controlling the actions of the figures visibly taking part in the Government of the country. We always vaguely referred to this hidden control amongst ourselves as the Treasury … This mysterious power … which has wielded such a baneful influence in world history for many centuries. Ponder on this… on April 20th Hitler’s birthday, because his war with the usurers, asset strippers and bankers, brought Russia to threaten both Germany and England, Churchill took us into WWII, Poland was just the excuse, the same as in all the wars now. We fight them for the bankers.” 
    12. Arthur Ransome - author and expert on Russian affairs, having cultivated friendships with both Lenin and Trotsky. He was a high-ranking MI6 operative with the codename S76.
      1. Reported first-hand from Russia that Churchill was working for Rothschild interests, not Britain’s. Many British researchers have long-suspected this to be the case, and Walter Thompson, Churchill’s bodyguard, said Churchill believed himself to be more at risk of assassination for betraying his own people in Britain, than from the enemies he made abroad – that is very telling – was more afraid of his own people finding out the reason he was so adamant to go to war with Germany when most didn’t want to
    13. Ultimately, treaties and international organizations cannot ensure world peace – While there is financial interests and politicians willy to carry them out – there will be wars –
    14. Wars have shaped the face of the global economy – from taxes, to institutions (IMF) to the very stability of a country

 

Now that the financial interests have been explained a bit - Next Episode: Examples of proxy wars – funding both sides

  1. Talk about the US politicians and Media Reaction to the Kurds – anarcho-Communist breakaway group from Turkey
  2. Washington Post's headline describing former ISIS leader al-Baghdadi as a 'religious scholar’ – who just happened to burn people alive in cages and responsible for the death of thousand