“Hitler's economic revolution in Germany had reduced financial considerations to a point where they played no role in economic or political decisions.”
Carroll Quigley
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Carroll Quigley
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On this basis, which was originally financial and goes back to George Peabody, there grew up in the twentieth century a power structure between London and New York which penetrated deeply into university life, the press, and the practice of foreign policy.
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Thus, the use of fiat money is more justifiable in financing a depression than in financing a war.
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The argument that the two parties should represent opposed ideals and policies, one, perhaps, of the Right and the other of the Left, is a foolish idea acceptable only to doctrinaire and academic thinkers.
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