Chapter 6 of 8 - The Rise and Fall of State Banking

This episode of Stephen Goodson's work on the History of Central Banking will perhaps be shocking or even upsetting to some. It traces the teachings of Gottfried Feder, who had recognized the horrible manipulation of nations by a handful of bankers, whose "Central Bank" system of Privately Held and privately controlled monetary policy in every nation that they had entrenched themselves was used to inflate and deflate economies at will. Millions lost but they won. Adolf Hitler was the first to understand the concept of a state bank with no-interest loan capacity that paid for enormous infrastructure projects that literally paid for themselves. Italy would soon also adopt the Feder plan as did Japan. In the USA, school children are never taught any of this, only that the Germans, Italians, and Japanese were ruthless conquerors, evil by nature. Yet another neat trick by the doctors of usury. By the way, Libya would also dump usury and establish a state bank with the no-interest concept, which was tremendously successful and therefore had to be eradicated.