Friday, January 9, 2009

a little bit about history...

Today I just feel in the mood of writing about the scheme that has been ruling the world since the XVI century...

Since 1789 the world has been setup to obey blindly the economic power who thrown out the monarchy and established the "novus ordum" using capitalism as it's cornerstone.

Well, capitalism as we know it, was born around year 1600 primarily in Netherlands and then in UK.
Several factors converged to the emergence of dutch capitalism. One of undoubted importance, but by no means exclusive, would be the settlement of a significant number of Sephardic immigrants who went out of Spain following the expulsion decree.

Of the approximately 300k who left Spain, the most importants groups settled in Ottomans domains, although there were numerous groups that directed their steps towards the Netherlands, England and the German cities of Hamburg and Frankfurt. The latter would be the time the parent company of several dynasties of financial ashkenazim such as Rothschild, Warburg, Mendelsohn and Speyer...

The names mentioned above speak from themselves.... These are the very first true bankers who managed to get involved with the aristocrats and designed the biggest scam of all times...

Anyways, it wasn't until 1694 by the proposal of a scotchman named William Patterson, the english parliament authorized the birth of an issuing bank incorporated as The Governor and Company of the Bank of England with long-term banking privileges including the issue of notes.
The share capital of the newly created Bank of England, which amounted to 1,200,000 pounds, was signed in full by private investors and three years later, in 1697, a new provision in parliament granted the exclusive privilege of issuing currency.

Well.. why do i bother writing about all these stuff... well, Ofcourse, as wikipedia states, this bank used the "fractional banking system" already mentioned in some older post... so you can definitely see my logic!

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