History of Central Banks by Stephen Mitford Goodson (Author)

Description

In order for any nation/state/society/community to retain full sovereignty of its independence in the management of its affairs, absolute control over the means it employs to exchange goods and services must reside in the organs representing the people, and must never be delegated to private individuals or interest groups.
Throughout history, periods when the State has exercised control over the issuance of money have always been synonymous with an era of prosperity, peace, cultural enrichment, full employment and zero inflation. However, when private bankers usurp control of money creation, the inevitable results are recurring cycles of poverty and prosperity, unemployment, rampant inflation and a gigantic and ever-increasing process of transfer of wealth and political power into the hands of the small clique that controls this exploitative monetary system.
In the past, when these central bankers have faced opposition from nations seeking the restoration of an honest monetary system, these parasitic bankers have invariably provoked a “patriotic” war to defeat their much-maligned “enemy.” This has been the common thread of all wars for at least 300 years.