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Central banks could control the supply of money by trading in government bonds. For example, by buying, they releases money into the economy. Since reserve requirements are a fraction of the money supply, a small change in reserves creates a large change in the money supply. Governments could control the supply of money in several ways, including: controlling the central bank (e.g. by changing reserve requirements, or the drastic impact of changing the money-value of gold) taxation (deflationary) spending (inflationary) Up to 1931, international bankers could dominate industry, because industry depended on them for capital. Rothschild dominated many European railroads, while Morgan dominated many American railroads. Bankers could leverage their way onto boards of directors and create interlocking directorships. Quigley quotes German industrialist and politician Walter Rathenau, who was on dozens of boards, "Three hundred men, all of whom know one another, direct the economic destiny of Europe and choose their successors from among themselves." (p61) International bankers could dominate governments during this period of financial capitalism (roughly 1850-1931) via governments' need for short-term as well as long-term loans. Quigley quotes Gladstone, Chancellor of the Exchequer, 1852: "government itself was not to be a substantive power in matters of Finance, but was to leave the Money Power supreme and unquestioned." Quigley quotes The Financial Times, 1921: "Half a dozen men at the top of the Big Five Banks could upset the whole fabric of government finance by refraining from renewing Treasury Bills." Bankers could also influence governments by becoming advisors, taking advantage of government officials' ignorance in finance. Their advice was consistently good for bankers, bad for everyone else. Bankers could use their financial leverage to have their advice implemented. Quigley claims that Morgan dominated President Cleveland's 2nd term in this manner. (p62) Bankers' influence peaked from 1919-1931. Since 1931, in most European countries, bankers were subordinate to either industrialists or government. This represents a shift from financial capitalism to monopoly capitalism. This shift happened earlier in Germany, and barely ever in France, largely explaining France's economic weakness in 1938-1940. (p62)
originally posted by: stumason
a reply to: IblisLucifer
I don't have time now to go through your post point by point, but the French Navy was not one of the most powerful in the World at the time. It was dwarfed by the Royal Navy and even the USN. The fear was the Kriegsmarine taking possession of those ships and adding to their own, which would have posed a massive threat to convoys, not the Fleet.
It would not have given Germany any "massive" advantage at sea at all. Even the German and French Navies combined would have been annihilated by the RN in a Fleet engagement, which is why the Germans avoided it and concentrated on cruiser raiding of convoys and avoiding engagement with the RN wherever possible.
EDIT: Quickly, your bits about D-Day and Dunkirk are also bunk - I'll come back later to say why..... No time now.
originally posted by: Semicollegiate
The French Navy would have made the Africa Corps a well supplied and most likely victorious force. Britain would have lost the Suez Canal and the Middle Eastern oil fields.
originally posted by: IblisLucifer
Here are just 18 anomalies from World War Two.
originally posted by: cavtrooper7
a reply to: crazyewok
Wouldn't say any ligitimate US governing body is CAPAPBLE of that kind of vision,AT ALL.
Rothchild sattelite maybe but TRUMAN,nope ,not buying THAT BS.