July 26, 2012
Left, Hjalmar Schacht and Montagu Norman
“The Weimar government introduced a program of crippling austerity measures. This
all fed into the hands of Nazis.”
Deja Vu all over again?
by David Richards
(henrymakow.com)
The Illuminati set the stage for WW2 from 1925 -1931 with a program of
economic warfare.
The program was designed to destroy the
world economic system beyond repair.
It included two seismic events – the Wall Street crash of 1929 and the
British gold default in 1931.
The Bank of England was the hub of
Illuminati operations. The other major central bank chiefs took orders from BoE Chairman
Montague Norman, who ‘was built up by the private bankers to such a
position where he was regarded as an oracle in all matters of government and
business.’ (Tragedy and Hope, Carroll Quigley, pg. 325)
The
Wall Street Crash of 1929
Britain returned to the gold standard in 1925. As
the pound sterling was the only world currency, this meant that world trade was put back on the gold standard.
The pound was purposely brought back at a
grotesquely over-valued rate of £1 equaling $4.86. For a world gold standard to
operate around an over-valued pound sterling, the dollar had to be devalued.
This was the pretext the Illuminati used to launch a bubble economy in the US.
Webster Tarpley records how the central bank
chiefs conspired to create inflation in the US:
‘In 1925, as the pound was returning
to gold, Montague Norman, Heldjimar Schacht and Charles Rist, the deputy governor
of the Banque de France visited Benjamin Strong in New York to mobilize his
network of influential insiders for easy money and low interest rates in the
US.
Strong was able to guarantee these policies. Norman Co. made a second pilgrimage to Wall Street between 28
June and 1 July 1927 to promote American speculation and inflation.’
The easy money was used to feed the stock
market bubble and provide loans for indebted countries, particularly Germany.
The Wall Street bubble was burst by raising the central bank
discount rate. They raised the BoE Bank Rate to a whopping 6.5%, a full
point above the Fed. This move was imitated immediately by British satellites
such as India, Denmark, the Irish Republic and Norway. This generated a giant
sucking sound as money was pulled out of New York across the Atlantic.
This was the start of the Great Depression
that would be worsened by the withdrawal of money from circulation. Milton
Friedman has said, “The Federal
Reserve caused the Great Depression by contracting the amount of currency in
circulation by one-third from 1929 to 1933.”
The Great Depression allowed the Illuminati
to bring in Franklin D Roosevelt with his ‘New Deal’, greatly expanding the
power of the American government, and by extension the Fed and the Illuminati.
The
‘New
Deal’ was a resounding failure. In 1938, unemployment was still at 20%.
The depression was only relieved after World War 2. I.e. America was not allowed to recover until it had fulfilled its role in
the war.
The Wall Street crash had another purpose: bring Hitler to power.
Plunging
Germany into Crisis
The German economy had been dependent on
short-term loans from US banks to pay their WW1 debts and fund industrial
activity.
After the crash, struggling US banks started called loans in. German firms cut back production dramatically, creating huge
unemployment. The Weimar government introduced a program of crippling austerity measures. This
all fed into the hands of Nazis.
Then in 1931, the Rothschild’s purposely
destroyed the German banking system by allowing their Austrian mega bank
Kreditanstalt to declare bankruptcy in 1931. The bankruptcy of Kreditanstalt is
widely credited with crashing the central European banking system.
Kreditanstalt defaulted on debts of $76m.
Do we really believe that the Rothschild’s couldn’t stump up $76m?
International efforts to save the bank were suspiciously weak. The Berlin
correspondent for The Economist
reported at time:
“It was clear from the beginning… that such
an institution [as the Kreditanstalt] could not collapse without the most
serious consequences, but the fire might have been localized if the fire
brigade had arrived quickly enough on the scene. It was the delay of several
weeks in rendering effective international assistance to the Kreditanstalt
which allowed the fire to spread so widely.”
Shortly after the failure of Kreditanstalt
Germany’s 2nd biggest bank Danatbank failed, and the rest followed
like dominos.
The
Bank of England goes off the Gold Standard – 1931
The Illuminati put the world back on the
gold standard in 1925 with the intention of destroying the gold backing at a
later date. This took place 21st
September 1931, when Britain left the gold standard.
The British gold default destroyed orderly
world trade. The ‘world monetary system’ of that time was a pound sterling
system based on the gold standard.
Jackson E. Reynolds, then President of the
First National Bank of New York, has said, “When England went off Gold it was
like the end of the world.”
The world fractured into competing currency blocs,
including the British pound sterling bloc, the US dollar bloc, the Franc bloc,
the Soviet ruble area and the Japanese yen zone.
Webster Tarpley explains how this trade war would
lead to a world war:
“The currency chaos meant that there was no
reliable means of settling commercial payments among these blocs. World trade
atrophied. The situation was difficult for everyone, but it was worst for those
blocs which had the greatest dependency on exports and on importing oil,
metals, rubber, and strategic raw materials.
The pound sterling, dollar, franc and ruble each
had some raw materials backing. But the German mark, Japanese yen and Italian
lira had virtually none. Each of these states embarked on an economic regime of
autarky so as to conserve foreign exchange. For Germany, Italy, and Japan,
aggressive territorial expansion towards possible sources of oil and metals
became the only available surrogate for foreign trade.”
The Illuminati effectively started WW2 in 1931.
American congressman Louis McFadden
clocked on to what had happened. In 1932 he made a speech in the House of
Representatives, in which he accused the Federal Reserve of deliberately
causing the Great Depression, “It was a
carefully contrived occurrence. International bankers sought to bring about a
condition of despair, so that they might emerge the rulers of us all”.
For this and other similar tirades, McFadden
received numerous death threats. He died in 1936 after being poisoned at a
banquet.
Finally
In the “Red Symphony,” (1937) Illuminati insider Christian Rakovsky describes how the Illuminati use economic turmoil to achieve political control.
He says Oct 24, 1929, the date of the New York Stock Exchange crash ( “the beginning of the so-called ‘depression'”) was more important than the 1918 Bolshevik revolution. It broke the “classical American” individualism and resulted in “a flourishing of parasitism, and capital is a large parasite.” It began “a real revolution.”
“Although the power of money is political power, before it had only been used indirectly, but now the power of money was to be transformed into direct power. The man through whom they made use of such power was Franklin Roosevelt. Have you understood? Take note of the following: In that year 1929 the first year of the American revolution, in February Trotsky leaves Russia; the crash takes place in October…the financing of Hitler is agreed in July 1929.
You think that all this was by chance? The four years of the rule of Hoover was used for the preparation for the seizure of power in the United States and USSR; there by means of a financial revolution, and here [Russia] with the help of war and the defeat [of Stalin] which was to follow.” (Full text in Des Griffin, “Fourth Reich of the Rich,” p.273)
The Illuminati used economic crises for political purposes in the thirties and they are doing it again. This time they are debasing and destroying faith in currency, first the Euro and later the $US Dollar. Since they are all based on unpayable debt, economic collapse is a constant threat. And with collapse comes war…
David Richards teaches is a 24-year-old Brit who teaches English in Mongolia
Effect of Wall Street Crash on Germany
http://www.historyhome.co.uk/europe/weimar.htm
Louis McFadden/ Milton Friedman quotes – http://www.atlanteanconspiracy.com/2008/08/feds-great-depression.html
British magazine reports Norman-Schacht meeting
in 1938 – Warns trouble is brewing –
http://archive.tribunemagazine.co.uk/article/23rd-december-1938/10/the-schacht-norman-axis
Comments for “Economic Crises Set Stage for World War 2”
Liz said (July 26, 2012):
Al, you have summed it up PERFECTLY! Now how do we get through to the brainwashed morons who can’t seem to tare themselves from their satanic tv sets and Internet filth?
Al Thompson said (July 26, 2012):
What if nobody showed up for their stupid wars? I’m sick and tired of being sick and tired. It’s always one war after another with hardly
any break to it. If you look back even to the establishment of that great bankruptcy, tax, and slave document the US Constitution, there has hardly been a moments peace. Some friends of mine died in Vietnam for what? They did for some grouchy old douche bags making stupid hand signals wearing their idiot underwear. They want to be gods. The religious people do nothing to oppose them because they are of them. They are just little psychos singing: “Praise the Lawd…” So society goes to hell in a hand-basket because the people have lost sight of the value of keeping God’s commandments. How many men think about “Thou shalt not murder” when joining the military? When is killing someone murder and when is it not? I’d say killing is only permissible in self-defense. If these old farts want a war, let’s put all of them in a stadium and let them kill each other. That way, no one else will get involved in their stupid adventures, and they will keep their filth to themselves. Let them put their own fat butts on the line. Enough already.
http://verydumbgovernment.blogspot.com/2011/11/god-state.html
This is how these psychos work, the fulminate hatred until the whole world blows up in multiple wars. They finance the war, they destroy people and property, and then they finance (with interest) the rebuilding that they destroyed. It really is stupid. And then the neocons play up these wars and “sacrifice” our children for what? It’s all bullshit and people should start recognizing it for what it is; old psycho-farts causing trouble.
Henry Makow is the author of A Long Way to go for a Date. He received his Ph.D. in English Literature from the University of Toronto. He welcomes your feedback and ideas at
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